The Tribunal held that interest on income-tax refund is taxable in the year of receipt and qualifies for Section 80-IA ...

Is your cash earning very little interest? With rates dropping below 4%, now is the time to lock in your cash strategy. Just ...

While the government has consistently signalled a preference for the new tax regime due to its simplicity, the old tax regime ...

The Tribunal held that when interest-free funds exceed exempt-income investments, no interest disallowance under Section 14A can be made. The ruling reinforces the presumption laid down by the Supreme ...

Georgia Republican leaders are pushing for tax cuts in the upcoming 2026 session despite the House and Senate disagreeing on ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

President Donald Trump on Tuesday turned what was supposed to be a routine address to Michigan business leaders to highlight ...

Two generous federal tax breaks are on the clock, and waiting even a few months could mean leaving thousands of dollars on ...

Millions have been sent letters with fines threatened for missing deadline - but many have never had them before ...

Choosing between FD, RD, mutual funds and gold depends on risk tolerance, tax impact and time horizon. FDs and RDs offer ...

Learn the critical differences between revenue and income, their impact on financial health, and how understanding each can ...

If you inherit multiple investments, the order you sell them in will make a big difference. Capital losses offset gains, ...