With the cost of living rising, taxpayers plan to use IRS refunds to cover necessities over making leisure purchases, ...

Lawsuit settlement money is often taxable. Learn how the IRS treats settlement proceeds and how to minimize your tax bill.

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...