"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...

“Finance Minister Nirmala Sitharaman, in Budget 2025, retained the standard deduction benefit for salaried individuals and ...

Salaried individuals can achieve zero tax on annual income up to ₹13.7 lakh through standard deductions and investments in ...

With the Union Budget 2025 set to be presented on February 1, Finance Minister Nirmala Sitharaman faces mounting expectations ...

Finance Minister Nirmala Sitharaman on Saturday said tax deductions at source (TDS) will be rationalised for senior citizens ...

No hike has been announced in the Section 80C deduction limit in Budget 2025. Deduction under Section 80C of the Income Tax ...

Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...

What is the standard deduction? It is a fixed amount of money deducted from amount automatically deducted from an ...

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for ...

As per the rejig, for people earning more than Rs 12 lakh per annum, there will be nil tax for income up to Rs 4 lakh, 5 per ...

Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed ...