Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Salaried individuals with an annual income of up to Rs 12.75 lakh will have zero tax liability under the new tax regime. But ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...

Investors relying on capital gains for income should factor in the tax liability before assuming they fall under the rebate limit. While past rebates may still be claimable, future returns must ...

The simplification of rules will help taxpayers easily file their income tax returns without any calculation as they can claim the value of any two houses as zero. The deemed calculation of house will ...

In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...

Analysts expect companies like Hindustan Unilever, ITC, Dabur and Nestle to directly benefit from the consumption boost.