The new tax regime under Section 115BAC of the Income Tax Act offers lower tax rates in exchange for giving up most exemptions and deductions.

A question that most salaried taxpayers face is if they can claim both House Rent Allowance (HRA) and home loan interest ...

Mortgage interest tax deduction pros and cons to know. Below, Greene-Lewis, Leaman and Valdivia break down what makes this deduction valuable and where it falls short.