Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...

Younger workers are left in the dark when it comes to understanding their statutory financial contributions and how their pay ...

In this case, it's a no-brainer to itemize your deductions. This is particularly true if you bought a house recently, since ...

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

Even if your salary didn't change, you might have dropped into a lower tax bracket in 2025, reducing your tax rate. So you ...

That may reduce the capital gains taxes you pay when you sell the house. If tax deductions are a driving factor behind your home remodel, you may want to contact a tax professional before diving ...

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

Beginning April 9, 2025, Ohio employers must produce detailed and accurate pay stubs under the new Pay Stub Protection Act (PSPA). Employers must provide employees with a statement, or access to a ...

Employers can deduct up to 50% of their contributions through paycheck deductions. The program will become accessible in 2026. If a leave application gets approved, then the state will pay at ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...