One of the first documents you’ll need is FORM 16, which your employer gives you. It shows your total salary, how much tax was deducted, and what deductions were claimed.

Mumbai ITAT grants relief to senior citizen Neeta Rohit Patel, quashing interest under Sections 234B & 234C on exempt partnership income. Landmark ruling clarifies advance tax ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

With inflation and rising living costs, I recommend high-quality dividend ETFs to help offset expenses and build passive ...

Senate Republicans introduced tax cuts to prevent a $4 trillion tax hike, including permanent lower tax brackets and new ...

JLR, which gets over a quarter of its sales from the U.S., had temporarily paused shipments to the country after its ...

The result is earnings before interest, taxes, depreciation, and amortization, or EBITDA. In other words, you're adding any expenses from these categories to ...

This acronym stands for earnings before interest, taxes, depreciation and amortization. "EBITDA provides insight into a company's cash generation," says Shaw.

The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed ...

However, starting in 2022, the EBITDA standard was replaced with a more restrictive earnings before interest and tax (EBIT) standard, which further restricted a company’s ability to deduct ...