For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

The Berea City School District’s annual “Stuff the Bus” event returns Aug. 2, collecting school supplies for students in need ...

Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.

Income Tax Returns, or ITRs, are annual statements that individuals and businesses must file with the Income Tax Department ...

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new electronic income tax return form for individuals. The ...

The Federal Board of Revenue (FBR) has issued draft of the electronic income tax return form for individuals and companies.

Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...

SBI and HDFC ELSS Tax Saver Funds are among the oldest and top-rated tax-saving mutual fund schemes in India, each with a ...

Ensure that you choose the right form, do not omit any source of income and claim deductions only if you can furnish proofs ...

Understand ITR filing requirements for salaried individuals, including applicability, forms, deductions, tax regimes, and a ...

Taxpayers should make only eligible claims as any discrepancy could lead to significant penalties and even legal action.