Economic analyst, Kalu Aja, has said that money entering a bank account is not automatically taxed, contrary to widespread belief.

EY expects significant changes in the direct tax framework, particularly to ensure a smooth transition to the New Income Tax ...

India is considering extending a presumptive tax regime to non-residents in the renewable energy sector, including bio energy ...

Budget 2025 delivered meaningful relief to a large section of salaried taxpayers, sharply narrowed the gap between the old ...

The issue was whether exempt dividend income could be taxed by overriding Rule 8D. The ITAT held that additions beyond the Section 14A framework are ...

As the Union Budget 2026 approaches, attention is shifting from rate cuts to deeper structural reforms in India’s income-tax ...

Vietnam does not impose a branch profit remittance tax and instead applies corporate income tax and profit remittance rules.

India’s tax framework has shifted. If retirement is close, the choice between the old and new regimes can materially change ...

In Budget 2025, Union Finance Minister Nirmala Sitharaman increased the standard deduction and expanded the scope of the ...

Plus: Tax refunds, filing for free, car loan interest, Britney Spears goes to Tax Court, snowbirds suffer a defeat, Taxes ...

Learn why Nigeria's 2026 tax reforms will use bank narrations to determine tax liability and how clear descriptions are now ...

CBDT chief Ravi Agrawal urges officials to prepare for the new Income Tax Act 2026 implementation from April 1. Training ...