If you're a homeowner and the total amount of your mortgage interest, property taxes, real estate taxes and other miscellaneous expenses are greater than the standard deduction, you could benefit from ...

For non-senior citizens (general citizens), the government has increased the TDS threshold for interest income from Rs 40,000 to Rs 50,000, effective April 2025. This move aims to reduce the tax ...

During Donald Trump’s speech Tuesday before a joint session of Congress, the president reiterated his promise to make interest on car loans tax deductible — but only if the vehicle is made in ...

Highlights,Tax savings derived from the deductibility of interest expenses.,Lowers taxable income, reducing overall tax liability.,Encourages businesses to use debt financing ...

Aims to provide a vehicle to enable investors to avail of tax benefits u/s 88 and distributing a reasonable annual dividend if any, and at the same time making an attempt for capital appreciation ...

Many say interest is the lubricant that makes that modern financial world go around, and interest expense influences decisions from the grocery aisle to the boardroom. Borrowing money in most ...

ECONOMYNEXT – Sri Lanka digital freelancers and others who export services can deduct expenses before filing a tax return on a new 15 percent ... Under deflationary policy (at a appropriate interest ...

US Tax Shield provides tax relief services to individuals and small businesses. It handles IRS settlements, payment plans, liens, levies, wage garnishment and other tax relief services.