The Income Tax Bill, 2025 has been introduced in Lok Sabha Today 13.02.2025 Overall, it tries to replace the 1961 Act, which critics had become voluminous due to amendments made over the past 60 years ...

Trump Media's cash position grew to $672M by Q3 2024, potentially yielding $28M annually from interest income. Click here to ...

The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...

Freddie Mac (FMCC)'s Q4 net income rose from both the prior quarter and a year ago as net interest income and net investment ...

Congressional Republican leaders met with President Donald Trump to address the Trump Administration’s 2025 budget and tax ...

Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

Living off of dividends from market investing requires carefully choosing high-yield stocks and then putting a lot of money ...