Budget 2023: Income tax filing involves various deductions, exemptions and rebates, and a major share of the workforce finds it difficult to fathom the jargons and abbreviations involved. Even the ...

Also read: Income Tax Department opens online filing for ITR-1 & ITR-4 – Check eligibility, deadline and other details here. Old Tax Regime key features: 1. Facility of tax exemptions and deductions ...

In this tax framework, those with a total income of up to Rs 7 lakh are eligible for rebate of up to Rs 25,000 under Section 87A. Pensioners are entitled to a standard deduction of Rs 75,000 ...

The new Senate Tax Bill proposes significant changes to gross income deductions, aiming to reform the tax system and provide ...

From the Assessment Year 2022–23, citizens aged 75 and above with income derived solely from pensions and interest from the same bank are exempt from filing Income Tax Returns (ITR).

A new, $4,000 'bonus' deduction would be available for those age 65 and older who fall within set income limits, under the House GOP mega-bill that passed in May. AARP's Nancy LeaMond says the ...

A new, $4,000 'bonus' deduction would be available for those age 65 and older who fall within set income limits, under the House GOP mega-bill that passed in May. AARP's Nancy LeaMond says the ...

A new, $4,000 'bonus' deduction would be available for those age 65 and older who fall within set income limits, under the House GOP mega-bill that passed in May. AARP's Nancy LeaMond says the ...

During the 2024 campaign, Donald Trump promised "no tax on overtime" — an exemption for federal income taxes on extra pay for working overtime. Here's what that means.

A new, $4,000 'bonus' deduction would be available for those age 65 and older who fall within set income limits, under the House GOP mega-bill that passed in May. AARP's Nancy LeaMond says the ...

This year's federal budget projects 544 billion reais in total tax benefits, but politically sensitive exemptions and deductions for individuals account for 91.7 billion reais, or about 17% of the ...