The Income-Tax Department has enabled Excel Utility for the ITR-3 form for taxpayers on its e-filing portal for financial year 2025-26 (FY26) i.e. assessment year 2026-27 (AY27). The authority had ...

With the utility now live, eligible taxpayers can download it, fill in the required information offline, validate the details ...

The federal budget for 2026–27 has brought the salaried class something it has rarely seen in recent years: a tax cut. In his budget speech, the finance minister has announced reduced income tax rates ...

When you sell investments for a profit, you may owe capital gains tax on the money you make. How much you pay is determined by how long you owned the asset before selling it, as well as your taxable ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

Lottery winnings are subject to federal and sometimes state taxes. If you win big, plan for the taxes ahead of time. Many, or all, of the products featured on this page are from our advertising ...

Salaried employees can estimate their revised take-home salary using the Budget 2026-27 income tax calculator. During the budget speech in the National Assembly on Friday, Finance Minister Aurangzeb ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

Depending on how much you've saved, you may have to pay federal taxes on some of your retirement income. For example, about half of Social Security beneficiaries pay federal income taxes on a portion ...

When the value of premiums paid by an employer for group life insurance becomes too great, it's treated as income for tax purposes. The IRS considers group term life insurance provided by your ...

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Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...