The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return filing for FY 2024-25 (AY 2025-26). This year, the ITR forms underwent various ...

NEW DELHI: When capital gains from stocks or equity-oriented mutual funds are the sole income, the income tax calculation differs significantly. If this were the case in 2024-25, there is added ...

Gamblers are raising the alarm about a $1.1 billion tax hike buried in the Senate GOP’s tax bill that would slash their net ...

Despite a 50% share price drop, I maintain Volaris as a Strong Buy due to its deep undervaluation and long-term growth ...

Learn about the Supplemental Disaster Relief Program (SDRP), including payment limits, income requirements, crop insurance ...

The 28/36 rule, a commonly used financial guideline, states that you should spend no more than 28 percent of your gross ...

DSL offers a high yield but has significantly underperformed and failed to preserve investor purchasing power. Read about why ...

ITAT Mumbai grants Vishwaroop Infotech partial relief on unrealized rent and Section 14A disallowance, highlighting commercial expediency and proper expense ...

Net income (or net loss): The final result, calculating revenue minus expenses. This number also informs a company’s earnings per share (EPS), which is calculated by dividing net income by the ...

Indexing gains to inflation “would really codify the notion that income taxes are only for people who work for a living,” ...