Trump's 2017 tax bill is up for renewal this year. Here's what it means for your taxes and how to take advantage of low taxes ...
The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...
Some believe that it is still alright to continue investing in the tax-saving instruments because investing should ideally be seen differently from tax-saving. “Investments and tax should not be ...
This shift has led many taxpayers to wonder whether traditional tax-saving investments such as PPF (Public Provident Fund), NSC (National Savings Certificate), post office saving scheme and NPS ...
The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.
Tax saving is one of the key factors when it comes to savings and investments for middle-class taxpayers and senior citizens. As regards senior citizens, they aim for financial security by ...
Individuals with different income levels can expect significant tax savings. For instance, those earning Rs 12 lakh per annum can save around Rs 83,200, while those with an annual income of Rs 15 ...
A Financial advisor shows Tax saving strategies. As January trudges along, many of us have already started receiving the alphabet soup of yearly tax forms. While beginning to organize documents ...
As we enter the peak tax-planning season, most of us look around for avenues to save on outflows up to the last rupee. Only 28 per cent of the taxpayers reportedly filed returns under the the old ...
Unlike Roth IRAs, there are no income limits on Roth 401 (k)s. You can contribute to the account no matter how much you earn.
Among the various tax-saving options under Section 80C of the Income Tax Act, 1961, Equity Linked Savings Scheme (ELSS) funds stand out as a lucrative investment avenue. These funds not only help ...
Special scenarios: In some cases, rebates are available for specific investments or income types, such as agricultural income or savings in designated funds. Why does the government offer tax rebates?