When considering tax-saving investments, post office savings schemes stand out as secure and reliable options for Indian ...

What, exactly, is a classic car? Is there just one kind? And what does a "classic car" designation mean for its tax status?

Wealthy individuals often pay less in inheritance taxes than we expect. Learn how tax exemptions, trusts, and legal ...

Ans. Finance Bill, 2025 amended section 10 (10D) of the Income-tax Act, 1961 so as to provide that proceeds received on a life insurance policy issued by an IFSC insurance intermediary office shall be ...

The House Ways and Means Committee approved a plan to make distributions of up to $29,200 a year from an Individual ...

Volunteer ambulance squad members and firefighters who are members of companies in adjacent municipalities will be eligible ...

Muni advocates are stepping up pressure on Congress to take the elimination of municipal bond tax exemption off the menu by exploring alternatives and providing numbers showing how short term gains ...

New Tax Bill, 2025 proposes this positive change for tax free perquisite value for salaried employees; Know how it may affect ...

Tasos Katopodis / Getty Images Earnings not subject to income tax, whether federal or state, are referred to as exempt income. Exempt income is income that's not subject to income tax.

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

State Sen. Blaise Ingoglia is all for getting rid of property taxes if he could, he told a Capital Tiger Bay luncheon crowd ...

For families looking to build generational wealth, owning a home is often one of the key steps toward creating an asset to ...