There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

To avoid falling into a debt trap, one should refrain from taking out loans for such purposes as travel. These are some of ...

“Higher-income individuals also benefit. For instance, a taxpayer with Rs 16 lakh income will now save Rs 50,000 annually.

Factors like under whose name the property is registered and from whose bank account monthly instalments are paid play a role ...

Find out if you can claim pets on tax returns, which pet-related expenses may qualify for deductions and what the IRS allows.

Medicare Part A plays a crucial role in covering hospital stays, skilled nursing facility care, hospice and some home health ...

Navigating the complexities of tax season can be daunting, especially when deciding between a tax deduction or a tax credit.

The Inflation Reduction Act (IRA) of 2022 brought substantial modifications to the Medicare program, which are still reflected in 2025. One of these changes was a new limit for ded ...

What is the standard deduction? It is a fixed amount of money deducted from amount automatically deducted from an ...

When handling your taxes, it can be tricky to decide whether to opt for a tax deduction, tax credit, or both if you’re ...