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OLDER AMERICANS TAX DEDUCTIONS
Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement incomeMany American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For peo...- UK new minimum wage 2027: What will the new rates be, how much more will workers earn, and when does the new minimum wage start?UK minimum wage 2027: The UK minimum wage will rise by 3.9% in April 2027, taking the hourly rate to £13.21 for workers aged 21 and over an...
- William Edmondson began carving discarded limestone in the early 1930s; by 1937, he had a solo exhibition at MoMAWilliam Edmondson discovered his passion for carving sculptures during his retirement, unaware of his artistic potential. He shaped gravest...
- GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvalsThe Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies...
- US midterms: Two Indian-origin face-offs to watch, and why they matterUS Midterm election 2026: Two US House races in the 2026 midterms feature Indian-origin candidates competing against each other, with Ro Kh...
- NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
- Silver dividends: How investing in ageing societies can boost growth and cut healthcare costsAs populations age and people work longer, governments can turn longevity into an economic opportunity by investing in accessible infrastru...
- Can a home robot help older adults with dementia? Hello Robot gets nearly $3 million to find outHello Robot has received nearly $3 million in federal research funding to study how its Stretch robot could help older adults with mild cog...
- Canada CPP and OAS payments October 28: Pension set to rise by $40.71 a month in 2027. How much would you get?Starting October 28, eligible Canadians can expect their Canada Pension Plan and Old Age Security payments. The amounts will depend on fact...
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...
- UK employees receiving per diem payments must separately disclose them if they cross HMRC-specified limits; Know what employees should doIn the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income ...
- Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...
- Could America elect its first Muslim senator? Michigan's high-stakes race may make historyMichigan's Senate race 2026 is drawing national attention as Democratic candidate Abdul El-Sayed seeks to become the first Muslim elected t...
- United Airlines CEO Scott Kirby calls for inheritance taxes near 100% and a national wealth tax. What he wants the US to change and why it mattersScott Kirby, the CEO of United Airlines, has called for a nationwide wealth tax and higher inheritance taxes. He argues that wealth inequal...
- How control of Congress after the US midterm elections could affect your taxes and billsThe November 3, 2026, US midterm elections could influence how much Americans pay in taxes, health insurance premiums and other household e...
- Maharajah Bonds gain investor appeal with TDS exemptionIn a notification dated October 19, the Central Board of Direct Taxes (CBDT) said no tax would be deducted at source on interest paid to el...
- Social Security’s $75 monthly boost has a catch: Why the 2027 COLA may fall short as trust fund depletion loomsRetirees will see a 3.6% boost in their Social Security checks starting January 1. The increase raises the average monthly payment for a re...
- Transferring immovable property? How TDS compliance is now simpler with new Form 141With the introduction of Form 141, taxpayers can easily report TDS by combining several earlier forms into one streamlined approach. This u...
- Social Security raises payroll tax cap to $192,300 for 2027 - Here's who will pay more after COLA announcementStarting January 2027, American citizens will witness notable changes in their Social Security benefits and payroll taxes. A cost-of-living...
- Social Security COLA 2027: When will the 3.6% increase start showing up in payments, and what should retirees watch for?The Social Security Administration (SSA) has officially announced a 3.6% Cost-of-Living Adjustment (COLA) for 2027. This adjustment is desi...
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