Unlike savings accounts, whose rates can change anytime, your CD rate is fixed for the entire term, so your earnings are ...

Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or ...

The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...

Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the estimated income for the year and paid in instalments as per the due dates.

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their ...

So, understanding how to calculate ... Your provisional income is calculated using the following formula: Provisional income = Adjusted gross income (AGI) + tax-exempt interest + 50% of your ...

Filing taxes for the first time may seem daunting, but it’s usually fairly simple. Here’s what you need to know.

Generally, your bank or building society that handles your savings account will tell HMRC how much interest you have received ...

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

Anyone can open a PPF account at a bank or post office, and enjoy guaranteed returns along with tax benefits under Section 80C of the Income ... same way as before. In 20 years, the total investment ...