Tax

Claiming home loan tax benefits on multiple properties in India: What you need to know

I own a house in Rajasthan, for which I took a loan. The loan has been paid up substantially. I…

2 weeks ago

Harris and Trump both want major tax changes. Here’s what they’re proposing — and the impact on you.

Vice President Kamala Harris and former President Donald Trump are both proposing tax changes that would rank among the largest…

2 weeks ago

Why SoFi Technologies Stock Crashed 12.5% After Earnings

2024-10-30 04:20:05 SoFi Technologies (NASDAQ: SOFI) stock tumbled 12.5% through 9:45 a.m. ET Tuesday despite beating on top and bottom…

3 weeks ago

How to turn stock market losses into tax savings

Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential…

1 month ago

Tax on Europe’s frequent flyers could raise €64bn a year – study | Air transport

2024-10-17 15:20:04 A “jet-setter” tax on Europe’s frequent flyers could slow global heating and raise €64bn (£54bn) a year at…

1 month ago

Sovereign Gold Bonds: Understanding income tax exemption on early redemption of SGBs

I had invested in Sovereign Gold Bond (SGB). I opted for early redemption after the completion of five years. Are…

1 month ago

‘Toilet tax’ row in Himachal Pradesh: What is it and what does CM Sukhvinder Singh Sukhu say?

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday denied claims of any “Toilet Tax” being imposed or proposed in…

1 month ago

Affordable housing tax credits set to expire, threatening eviction for thousands of U.S. families

For more than two decades, the low rent on Marina Maalouf's apartment in a blocky affordable housing development in Los…

1 month ago

Tax implications of property gift and sale explained for family members

My mother-in-law owns the residential property where we all reside. My husband passed away last year, leaving behind a daughter…

2 months ago

Windfall tax on crude petroleum reduced to ₹1,850 per tonne

Representational image only. The government has cut the windfall tax on domestically-produced crude oil to ₹1,850 per tonne, from ₹2,100…

2 months ago

Income tax audit report deadline for FY24 extended to THIS date amid e-filing portal issues

Tax audit extension: The Central Board of Direct Taxes (CBDT) has extended the due date for submitting income tax audit…

2 months ago

Can I revise my income tax return to claim certain DTAA benefits?

I filed my income tax return (ITR) as a non-resident Indian (NRI) and it has been processed. If I want…

2 months ago

Avoiding double tax on Kisan Vikas Patra interest: ITR filing tips

You will need to disclose only the interest accrued during the current year on the certificate and not the interest…

2 months ago

City Property Tax Bills Soon In Mailboxes

2024-09-24 02:45:03 City of Alpharetta homeowners will begin receiving annual property tax notices in their mailboxes in the coming days.…

2 months ago

The invisible burden on low-income workers that’s equivalent to a 35% tax paid by crorepatis

“This tax is as high as 35%, the same as what people earning above ₹1 crore pay," said Harsh Roongta,…

2 months ago

Tax laws explained: How rent payments and receipts affect your tax liability

Many investors are comfortable with equity and channel their surplus funds into real estate to gain the twin benefits of…

2 months ago

Understanding capital gains tax exemptions for ESOP share sales

I made long-term capital gains of Rs. 80 lakhs on selling shares allotted under ESOP in June 2024. Can I…

2 months ago

Why boosting the Child Tax Credit has become a key issue for Harris and Trump

Norristown, Pennsylvania — If anyone knows how expensive it is to raise a child, it's Raegen Selden, an office manager…

2 months ago

Trump unveils “no tax on overtime pay” policy in Arizona remarks

Former president Donald Trump promised this week to eliminate income taxes on overtime pay if he wins a second term…

2 months ago

Apple told to pay Ireland €13bn in tax by EU

2024-09-10 19:30:02 ReutersApple has been ordered to pay Ireland €13bn (£11bn; $14bn) in unpaid taxes by Europe's top court, putting…

2 months ago