Married couples, take note: The $32,200 standard deduction in 2026 could shrink your taxable income before you even start itemizing nowThe Internal Revenue Service (IRS) announced tax adjustments for 2026, incorporating annual inflation updates alongside changes made under ...
12 Oct, 2026, 06.49 PM IST
Best tax saving mutual funds or ELSS to invest in October 2026Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, especially if...
12 Oct, 2026, 09.51 AM IST
Landowner gets Rs 6 crore by selling TDRs received for giving up land for road widening, pays no tax; ITAT Bangalore rules TDR sale taxable as capital gainsFor giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends no...
10 Oct, 2026, 12.04 PM IST
FD rate up to 8.25% for senior citizens investing for five years; know the list of banksCurrently, multiple banks are offering attractive fixed deposit interest rates that go up to 8.25% specifically for senior citizens. Suryod...
10 Oct, 2026, 10.00 AM IST
Paying off student loans? Deduct up to $2,500 in interest on your 2026 return, but watch the income limits that could cut it off earlyStudent loan borrowers may get a valuable tax break in 2026. The IRS still allows eligible taxpayers to deduct up to $2,500 in student loan...
08 Oct, 2026, 11.35 PM IST
Canada asylum rules to change from November: What unfinished IRCC Portal claims must doCanada is set to implement changes to the asylum claim submission process starting November 3, 2026, to modernise the system. Applicants wh...
08 Oct, 2026, 01.57 PM IST
Ontario immigration update: C$80,000 earners get 10 points under new Canada PR pathwayIn a significant update to the Ontario Immigrant Nominee Program, Ontario has increased the points available for candidates with higher sal...
08 Oct, 2026, 12.23 PM IST
Small business owners can now write off $2.56 million in purchases in 2026, and this deduction is the one everyone is talking about nowSmall business owners have a major tax break to consider in 2026. Businesses can immediately expense up to $2.56 million in qualifying purc...
07 Oct, 2026, 10.42 PM IST
Own a rental property in 2026? You may be able to deduct property taxes - here’s what the IRS saysRental property tax deduction 2026: If you own a rental property in 2026, property taxes may be deductible as a rental expense. But the amo...
07 Oct, 2026, 04.28 AM IST
Own a small business? This 2026 tax deduction could reduce your taxable income by up to 20%Small business tax break 2026: Small-business owners could get a valuable tax break in 2026 through the qualified business income deduction...
07 Oct, 2026, 04.10 AM IST
Business owners, check this now: Group health premiums are fully deductible in 2026, and many owners still overlook these savings todayBusiness owners reviewing 2026 taxes shouldn't overlook employee health benefits. Group health insurance premiums are fully deductible, whi...
06 Oct, 2026, 09.39 PM IST
Vivo V80 price in India, camera, display, specifications, battery and other detailsThe Vivo V80 has been launched in India, with a 6.59-inch AMOLED display and powered by the Snapdragon 7 Gen 4 processor. This smartphone i...
06 Oct, 2026, 02.45 PM IST
Waiting on income? Deferring payments into next year could reduce your 2026 taxable income, but there is a catch you should know firstIf you’re self-employed and expect a lower income next year, delaying eligible payments until January could reduce your current-year taxabl...
05 Oct, 2026, 10.39 PM IST
Think your Roth IRA lowers your taxes this year? It doesn't, because contributions aren't deductible, and here is who should use it nowMany small business owners fund a Roth IRA expecting an immediate tax break. That calculation is flawed. Roth IRAs run on after-tax income....
05 Oct, 2026, 06.50 PM IST
SBI FD calculator: What Rs 1 lakh investment in fixed deposit can give you in 1, 3, 5 and 10 years?SBI FD interest rate: Investors frequently look to calculate the maturity amounts for their fixed deposit investments with the State Bank o...
05 Oct, 2026, 03.50 PM IST
Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...
05 Oct, 2026, 03.48 PM IST
Tax audit deadline extended: Key checks taxpayers should make before filing income tax returnThe CBDT has announced an extension for tax audit and ITR filing deadlines for Assessment Year 2026-27. Taxpayers must now file their retur...
01 Oct, 2026, 05.47 PM IST