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TAXABLE INCOME REDUCTION
Oyo IPO: How real is Oyo parent PRISM’s Rs 748 crore net profitOyo IPO: PRISM, formerly Oravel Stays, has reported a Rs 748 crore profit for the nine months ending December 31, 2025, a significant turna...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...
New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
Americans could get $1,700 back in a new tax credit; here's who qualifies and how to claim itA new federal education tax credit is putting up to $1,700 back on the table for eligible Americans, and families across the U.S. are start...
Most married couples are leaving Social Security money on the table — here's how to claim it allSocial Security benefits for married couples are becoming one of America’s biggest retirement conversations in 2026. The average dual-incom...
Hundreds of residents are getting surprise $500 deposits — here's how the program worksEvanston, Illinois has approved a new guaranteed income expansion program delivering automatic $500 monthly payments to 102 low income hous...
Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
How can you make Rs 1 crore retirement corpus from PPF investment?The PPF maturity period is 15 years, after which, you can continue your PPF account with or without contributions. PPF provides a 7.1% inte...
Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
Social Security May Payments: What to expect after COLA boost, with maximum benefit reaching up to $5,181Social Security benefits for May 2026 reflect a 2.8% COLA, increasing average retirement checks to $2,071. Payments are distributed based o...
Social Security payments May 2026: Americans await checks up to $5,181 this week— are you getting paid on time?Social Security payments May 2026 are arriving this week for millions across the United States. Over 70 million Americans depend on these m...
Why is there a 35-day gap in May Social Security payments—are benefits delayed or cut, and when will your May 2026 payment arrive?Social Security payment delay May 2026: why US Social Security payout is delayed and when payments will arrive. Over 67 million Americans d...
Australia announces $1000 instant tax deduction for millions of taxpayers under proposed law; How it works and what will be the maximum and average savings?Millions of Australians will soon benefit from a $1,000 instant tax deduction. This new legislation simplifies claiming work-related expens...
Share buybacks not ‘income’, can’t face I-T levy: Delhi High CourtThe Delhi High Court ruled that companies buying back shares below fair market value do not incur taxable income. The court distinguished s...
Highest surcharge on personal income tax reduced from 37% to 25%The highest surcharge levied under personal income tax has been reduced significantly from 37% to 25% in the new tax regime.
Tax optimiser: How IT professional Garewal can pay rent to parents and be tax freeA big reduction in taxable income is possible if he pays rent to parents and claims exemption for the HRA. That will shave off Rs 2.4 lakh ...
Got a pay cut? You may still be taxed on your original CTCIf a pay-cut is not reflected in the components of your salary, you may still be taxed on your original CTC.
- Tax watch: Your effective take-home salary may increase
Your effective take-home salary could increase going forward if one were to go by the recent decision of the Special Bench of the Delhi Tri...
- Bonanza for salaried
Your effective take-home salary could increase going forward if one were to go by the recent decision of the Special Bench of the Delhi Tri...