Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

Small-business owners and freelancers who work at home can still itemize tax deductions for expenses like rent, mortgage ...

"You calculate capital gains by subtracting your basis from the sale proceeds of the property," said Kevin Amolsch, president of Pine Financial Group. “Your basis starts at what you paid for the ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government.

A tax base is the total value of all of the assets, income, and economic activity that can be taxed by a taxing authority, usually a government. It is used to calculate tax liabilities.

Homeowners can deduct costs like mortgage interest and personal property taxes up to a certain limit in order to reduce their tax bill. In certain cases, home improvements can also be deducted. For ...

reported results for the quarter that ended on December 31 after market hours on Monday, February 3. The company's revenue increased by 140.6% from last year to ₹1,713 crore, while its Earnings Before ...

In an exclusive conversation with Business Today Editor Siddharth Zarabi, the veteran investors says the depreciation has been on expected lines. “Till about three months back, the Rupee was ...

BT brings to you an easy-to-use tool that helps in calculating the tax payable on your income for FY 2025-26. It also lets you compare your tax liability under new tax regime and old tax regime.