With 30 June just around the corner, it may be worth considering which expenses can be claimed to offset investment income.

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

The updated Income Tax Return (ITR) process will make fraudulent tax deductions significantly harder to execute with demand ...

50% or 40% of Basic Salary, depending on whether the city is metro or non-metro.

Indications emerged Tuesday that Deposit Money Banks (DMBs) and telecom operators may have formally commenced charge ...

Brazil's federal court has authorized freezing assets that belong to suspects, including former officials of the National ...

Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes ...

In March, the Social Security Administration (SSA) reignited controversy by resuming a plan to recover overpayments with a 100% retention rate. By April, the rate was reduced to 50%, offering some ...

Enhanced disclosure requirements for taxpayers opting for the old tax regime. - Automation of deduction verification aims to ...

In an income tax investigation it has been found out that more than 90,000 salaried individuals have falsely claimed tax deductions, costing India's tax exchequer over Rs 1,070 crore. But faking tax ...

This post covers five particularly notable provisions for states: increasing deductions for state and local taxes (SALT) paid ...