The importance of the housing sector to India's ... can claim deductions of up to ₹2 lakh per year under Section 24(b) for interest paid on home loans. However, this limit has remained unchanged ...

Regardless of the extension, any tax liability must be paid by April 15. Q: What is the standard deduction for 2024? A: For married couples, it is $29,200 plus $1,550 for each spouse age 65 or over.

Bloomberg SALT Deduction Cap Talk, Hegseth Confirmation Hearing Posted: January 13, 2025 | Last updated: January 14, 2025 Bloomberg's Megan Scully discusses GOP Congress members meeting with ...

The state and local tax — or SALT — deduction allows taxpayers to deduct up to $10,000 of property taxes plus local and state income taxes or state and local sales taxes that they already paid.

Tamim Iqbal, former Bangladesh captain, has retired from international cricket. In his career, he scored over 15,000 runs and hit 25 centuries. Although expected to return for the Champions Trophy ...

One of the most anticipated changes is an increase in the deduction limit under Section 80C of the Income Tax Act, 1961. For over a decade, this limit has remained stagnant at Rs 1.5 lakh, despite ...

If you want to calculate your RRSP deduction limit yourself, refer to chart 3 of Guide T4040, RRSPs and Other Registered Plans for Retirement. Who can contribute to an RRSP, PRPP, or SPP Generally, ...

HIGHER STANDARD DEDUCTION FOR SALARIED INDIVIDUALS The standard deduction limit has been increased from Rs 50,000 to Rs 75,000 under the new tax regime. This change offers greater relief to salaried ...

(Photo: X) Singapore’s President Tharman Shanmugaratnam will begin a landmark visit to India on January 15, 2025), coinciding with the 60th anniversary of diplomatic relations between the two ...