The new tax framework will be finalised after the Union Budget on February 1, 2026. Legal and procedural changes have clarified how taxable income, deductions and credits are computed.

A high debt-to-income ratio is a common reason lenders deny applications. The good news is that you can lower your DTI.

The tribunal held that recomputation of deductions under Sections 36(1)(viia)(c) and 36(1)(viii) involves a debatable legal issue. Such matters cannot be corrected through Section 154 rectification ...

Budget 2026 brings clarity on home loan tax deductions. Prior-period interest on home loans is now explicitly included within the Rs 2 lakh deduction limit for self-occupied properties. This amendment ...

When you sell stocks, exchange-traded funds (ETFs) or other equity investments for more than you paid, the profit is ...

Energy-efficient homes with HERS ratings show lower DTI and default risk when energy savings are factored into loans.

Using detailed surveys and machine learning computation, new research co-authored at UC Berkeley's Center for Effective Global Action finds that eradicating extreme poverty would be surprisingly ...

The draft provisions provide the legislative framework for raising the new tax and rely heavily on regulations that are yet ...

Taxable income is the portion of your income that the IRS considers subject to federal income tax. It includes both earned income, such as wages and self-employment earnings, and unearned income, such ...

The Tribunal held that section 50C could not be applied where the sale consideration exceeded the value accepted by the stamp authority. A clerical error in departmental data could not justify ...

If you received Social Security payments in December 2025, you may face an unexpected tax surprise when filing your 2025 ...