The Property Tax Code is clear: Leaseholders are responsible for paying the real estate taxes on property they lease from an entity (local government) that is otherwise tax-exempt. We covered real ...

Section 24 of the Income Tax Act allows homeowners to claim a significant deduction of up to ₹2 lakh on the interest paid on their home loan for a self-occupied property. In the case of let-out ...

The Goods and Services Tax (GST) Council has introduced a new ... Many people are finding it hard to understand why popcorn should be taxed differently just because it’s sweet or salty.

Tax deduction refers to claims made to reduce your taxable income, arising from various investments and expenses incurred by a taxpayer. Thus, income tax deduction reduces your overall tax liability.

Thankfully, there may be a potential silver lining when it comes to taxes. That's because the IRS makes annual inflation adjustments to many tax provisions, which could help offset the impact of r ...

Green tax is also called pollution tax or environmental tax, is an excise duty on goods that cause environmental pollutants. As per the Latest update, the Central Government has proposed to charge a ...

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s.