The maximum deduction you can claim for each eligible trip is the lowest of the following three amounts: If you take a trip that begins and ends in one year and you are reimbursed the following year, ...

Among the most anticipated measures is an increase in the standard deduction, a tax break that provides relief to salaried individuals. Experts are pushing for a higher standard deduction ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

The U.S. General Service Administration sets the standard meal allowance rate. 12. Startup costs deduction You may be able to get self-employment tax deductions for the cost of going into business.

Another regulation cites general "misconduct" as laid out ... Stricter policies for 2025 mean Formula One drivers could face hefty fines, suspensions and even championship points deductions for such ...

One of the potential changes under consideration is an increase in the standard deduction for salaried individuals. Currently, salaried employees and pensioners enjoy a standard deduction of ₹50,000 ...

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...

Formula 1 drivers could face points deductions or bans if they repeatedly ... The regulations define misconduct as "the general use of language [written or verbal], gesture and/or sign that ...

But the real problem is that financial penalties are not the only thing Formula 1 stars now face for a slip of the tongue. Month-long bans and even points deductions are now on the cards for ...

The FIA has introduced new guidelines which could see F1 drivers receive points deductions or a possible ... Ben Sulayem in November in response to Formula 1's swearing saga, which the FIA did ...

The FIA has laid out new guidelines regarding penalties for driver misconduct; fines ranging from £34,000 to £152,000 can now ...

FIA Sporting Code update reveals new stewards' penalty guidelines that could result in stricter Formula 1 sanctions ...