Know how joint homeownership unlocks significant tax savings. Learn about deductions on principal and interest repayment, and stamp duty.

An income statement is one of your company’s financial statements. It’s a key tool for running your business and planning your strategy. Organizations and individuals wanting to valuate your business ...

Low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension pending the approval of the Minimum Pension Guarantee.

The Bottom Line Though tax reform eliminated many itemized deductions, plenty of ways exist to reduce your taxable income and save on taxes. You can significantly lower your tax burden by ...

Following mass outrage over the intermittent deductions in salaries of paramilitary personnel under the Ministry of Interior, the Federal Government has ordered a probe. Reports indicate that ...

To address these gaps, the professional fraternity suggests integrating exempt incomes as deductions under gross total income for uniform accounting and auditing. Further, depreciation provisions ...

Early findings from annual data on the resident labour force, released by the Ministry of Manpower (MOM) on Nov 28, also show that the income gap ... spreading out the tax burden, on top of ...

4. What tax benefits do I get on a home loan? Ans. People availing home loan from Ummeed Housing Finance can claim tax deduction under Section 80C and Section 24b of the Income Tax Act. Under Section ...

Capital losses can be used as deductions on the investor’s tax return, just as capital gains must be reported as income. Unlike capital gains, capital losses can be divided into three categories ...

A small but influential group is rewriting the playbook for spending in America. Known as DINKs — Dual Income, No Kids — these couples are becoming a key force in discretionary spending ...

Income tax: The govt has announced a new PAN 2.0 project with a total outlay of Rs 1435 crore. The government has also said that this new PAN 2.0 project will enable Common Identifier mechanism which ...