Corporate NPS contribution, employers’ contribution to EPF and tax breaks on housing loan interest in the case of let-out ...

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

ITAT Mumbai overturns PCIT's Section 263 order against Inter Gold (India) Pvt. Ltd. Tribunal finds AO's assessment valid on 80G CSR donations, bank charges, and disallowed ...

As many as 25,756 retired central government employees meet the eligibility criteria to receive additional benefits under the ...

No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they ...

The new tax regime, introduced to simplify taxation with lower rates, comes with a trade-off: fewer deductions. However, for ...

On July 4, 2025, as part of the One Big Beautiful Bill Act (Act), provisions titled “No Tax on Tips” and “No Tax on Overtime” were signed into ...

A recent federal law OBBBA could offer major tax relief to some service workers, if they meet specific income and reporting requirements.

The gift tax is any taxes owed on the gifts you have given. As the giver, you would owe the IRS gift tax rate and have to ...

According to the law, tipped workers will still receive their regular paychecks with standard tax withholdings as usual.

EV tax credit 2025? It looks like electric vehicles could qualify for the proposed car loan interest deduction, provided they meet the same requirements as other vehicles under the OBBB.

The “One Big Beautiful Bill” includes a section titled “no tax on tips,” but it doesn’t actually eliminate taxes on ...