The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both reg...

Millions of Americans are set to receive Social Security payments on April 15, 2026, with benefits adjusted for a 2.8% cost-of-living incre...

Social Security payments April 15 2026 will reach millions of retirees this Wednesday, with average monthly benefits near $2,076. This mid-...

New draft tax rules for 2026 offer significant travel tax relief for disabled employees. Those who are blind, deaf, dumb, or orthopedically...

Income tax return filing: You are eligible to claim a tax refund for expenses incurred for a disabled person including medical treatment. T...

For the financial year 2020-21, if you have opted for the old income tax regime, then there are many ways you can save tax. Here is how you...

"The amount of deduction depends on the percentage of disability. The deduction claimed is fixed irrespective of the actual expenses. The d...

Medical expenditures for certain specified diseases provide tax benefits under the Income-tax Act. Section 80D, 80DD and 80DDB and 80U of t...

Earlier, Section 80DD allowed deduction on the premium amount to the proposer of the policy if it was a term plan where the disabled person...

To reduce your gross total income and thereby your income tax liability, you have to enter details of deductions that you want to claim und...

Here are tax breaks you can claim on various incomes and expenditures under different sections of the Income-tax Act, 1961 that can reduce ...

ET Wealth tells readers how they can optimise their tax by rejigging their income and investments.

You can claim deductions you might have failed to while submitting your investment declarations. Read on to see how you can maximise your t...

Income from investments in the name of your child would normally be clubbed with your income, but this is not so if the child is disabled.

Given the rising costs of hospitalization, getting a medical insurance is a sound idea - in addition you also get tax benefits.

The Section 80C offers a wide range of investing options, but your choice should be based on your needs, risk profile and investment horizo...

If you have a family member suffering from specific illnesses such as Cancer, you can seek additional tax deductions.