As education loan costs rise and young earners begin their careers with tighter cash flows, many grapple with a key question, ...
A well-planned bonus can reduce your tax bill and strengthen long-term savings, but the window for smart decisions is usually ...
Many homebuyers overlook additional deductions available beyond the standard tax breaks on principal and interest.
To better ensure home equity borrowing success, homeowners should avoid these mistakes in the final weeks of 2025.
For years, the tax code trend was to reduce the amount of interest that may be deducted on your tax return. Until recently, ...
The ₹2 lakh limit applies yearly and taxpayers must claim full annual instalment of pre-construction interest of that financial year, regardless possession date | ...
A lot of financial experts estimate that 65%–70% of salaried people may actually benefit from the new tax regime if they don’t fully use 80C. But people who invest regularly — PPF, ELSS, NPS, home ...
Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax ...
Explains that HRA exemption is not permitted under the new tax regime and is fully taxable. Key takeaway: employees must compare regimes to avoid higher tax ...
Expert explains that salary slips hide key tax details like non-exempt allowances, differences in taxable income, unlisted ...
Property gifts between lineal ascendants/descendants are fully tax-exempt but must be documented via a registered deed and ...
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on the new tax ...