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
Before you itemize, check this: 2026’s $16,100 standard deduction could beat your write-offsThe IRS has raised the 2026 standard deduction to $16,100 for single taxpayers, with higher amounts for married couples and heads of househ...
07 Oct, 2026, 03.57 AM IST
Social Security COLA 2027: Latest forecast, likely increase, and why it may be a bad news for retirees?Anticipation surrounds the October 2026 announcement by the Social Security Administration regarding the 2027 Cost-of-Living Adjustment (CO...
02 Oct, 2026, 06.41 PM IST
Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
12 Sep, 2026, 11.13 AM IST
Will you pay lower income tax on mutual fund capital gains after retirement? Know 7 ways to reduce your tax burdenRetirement doesn't mean tax-free mutual fund income. Understand how capital gains, IDCW payouts, and SWPs are taxed. Discover strategies li...
09 Sep, 2026, 11.23 AM IST
Woman retired at 64 with $380,000 in her 401(k). Nine years later, her first RMD faced a 22% tax rateDuring the gap years, retirees often overlook essential tax planning opportunities. This crucial time allows them to manage their taxable i...
04 Sep, 2026, 08.22 PM IST
ETMarkets Smart Talk | How to invest ₹1 crore in bonds for 3 years: Vineet Agarwal’s playbookFor investors with a three-year horizon, the focus now shifts from chasing capital gains to earning steady carry while managing credit, liq...
20 Aug, 2026, 08.25 AM IST
India's growing Rs 100 crore club tells a bigger tax storyMore than five hundred taxpayers disclosed incomes exceeding one hundred crore rupees for the current fiscal year. This growth reflects ris...
28 Jul, 2026, 11.36 PM IST
High earners are saving $80,000 in taxes — here’s the 401(k) trick they useHigh earners are using a simple 401(k) strategy to cut retirement taxes. By converting money to a Roth IRA during low-income years, they re...
31 Mar, 2026, 06.58 PM IST
IRS drops 2026 tax brackets — here’s what top earners must know nowIRS tax brackets 2026: The IRS has released 2026 tax brackets with adjusted income thresholds for inflation, though marginal tax rates rema...
27 Oct, 2025, 10.08 PM IST
Tax shock or relief? IRS unveils 2026 brackets — check where you land nowTax brackets 2026: Federal income tax for 2025 and 2026 features seven brackets ranging from 10% to 37%. The U.S. employs a progressive tax...
11 Oct, 2025, 08.48 PM IST
2026 IRS tax brackets and deductions released: Will US pay less now? Check how much you’ll oweThe IRS has unveiled new federal income tax brackets and standard deductions for 2026, adjusting income thresholds to combat inflation and ...
09 Oct, 2025, 10.32 PM IST
IRS unveils 2024 Tax bracket adjustments: What does this mean for taxpayers?The latest annual inflation adjustments report from the Internal Revenue Service (IRS) reveals modifications to income tax brackets and sta...
11 Nov, 2023, 05.13 PM IST
Budget 2019: Josh is high, but tax savings are low for the middle classThe increase in standard deduction will translate into a minor saving for those in the upper tax brackets.
02 Feb, 2019, 10.33 AM IST
Two crore Indians file returns but pay zero income taxThe low numbers of people paying tax may indicate a large number of eligible people still evading taxes.
23 Oct, 2018, 04.56 PM IST
Worried about falling FD rates? Here are 8 good fixed income options to considerWhile it is better to have liquidity, it cuts both ways. Some long-term products like EPF are made deliberately less liquid to control the ...
22 Jan, 2018, 02.35 PM IST
- 10% tax on Rs 50k income may go
The FM is considering two options -- restructuring I-T slabs or doing away with exemptions.
31 Jan, 2005, 12.44 AM IST