There are four steps that must be completed to successfully claim a tax deduction for your personal superannuation ...

Working for yourself can have a lot of benefits, but taxes are generally not one of them. When self-employed, you are ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

Personal loans generally do not provide tax benefits, but if used for home construction or education, deductions on interest ...

The pace of natural disasters seems to be accelerating, prompting taxpayers and preparers to search for ways to deduct ...

Though the new regime offered concessional tax rates, it reduced several popular deductions and exemptions, like HRA, LTA, ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

The new Income Tax Bill, tabled today in the Lok Sabha, retains all the deductions and exemptions but under new section ...