Changes to tax slabs, a higher exemption limit and a continued push towards the new tax regime helped reduce the tax burden ...
The Indian government plans to implement the Income Tax Act 2025 from April 1, 2026, bringing changes to procedures, forms, ...
As the Union Budget 2026 approaches, attention is shifting from rate cuts to deeper structural reforms in India’s income-tax system. After the 2025 overhaul that made income up to Rs 12 lakh ...
AY structure with a unified Tax Year under the new law. The key takeaway is simpler compliance, clearer timelines, and fewer filing errors without changing core tax ...
Calling 2026 a year of "special significance" for the department, the CBDT chief urged the officials for their "readiness, ...
Explains source-based taxation for NRIs, highlighting taxable Indian income and compliance essentials. Takeaway: focus on India-source income and avoid reporting foreign ...
FM Nirmala Sitharaman to present her 9th Budget. Focus expected to be on consumption push, income tax relief, MSMEs, defence, ...
New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...
Income from services performed in India is taxable regardless of where it is paid or received. Residential status under tax ...
Respondents are directed to pay the entire amount (Rs 5,37,77,310) along with applicable interest, including interest given ...
Indian tax officials have renewed concerns over cryptocurrency activity, warning that the growing use of digital assets could undermine the country’s ability to enforce tax rules effectively. Key ...