If you pay income tax and do not want to face any kind of penalty or notice, then this news is very important for you. The ...

People often ask how much tax will have to be paid on a salary of ₹1 crore to ₹10 crore under the New vs Old Income Tax ...

Systematic weaponization of government agencies against civil society, opposition, and media reveals an alarming pattern of ...

Mumbai ITAT ruled in favor of M Gulati, confirming his non-resident status as he spent 210 days abroad. The tribunal ...

The government really needs to change its attitude to income taxes — and not out of compassion, but necessity. For investment ...

Tax Deducted at Source (TDS) is a scheme launched by the Government of India for deduction of tax at the very source of income. It ensures each payment made will carry some portion of taxes being ...

Section 247 of the Income Tax Bill, 2025, prescribes an authorised officer to gain access by 'over-riding' the access code of ...

The Government of India is preparing a concept paper aimed at delineating the future of virtual digital assets (VDAs) within ...

Gold ETF in India has seen a significant a significant rise over the past year. Know how your gold ETF investment will be ...

In its ruling, the ITAT Pune concluded that the provisions of Rule 128 (9) are directory, not mandatory, aligning with judicial precedents emphasizing the supremacy of DTAA provisions in cases of ...

To claim income tax benefits, investors can invest in equity linked savings scheme (ELSS) and section 54EC bonds ...

The ICAI has proposed a reduction in the number of sections in the bill by 90 to 100 from the current total of 536.