The 2024 Union Budget reformed India’s income tax system, introducing new tax slabs and increased standard deductions. These ...

The tax rate on long-term capital gains from the transfer of specified capital assets, such as listed equity shares subject ...

For Union Budget 2025, representatives from India's industry bodies and economists are advocating for a decrease in personal ...

Ukrainian President Volodymyr Zelenskiy said on Monday that more than 3,000 North Korean soldiers have been killed and ...

The government reportedly is exploring broader income tax reductions for individuals earning up to ... The context for these ...

Government of India, through the Ministry of Finance’s Department of Revenue and Central Board of Direct Taxes (CBDT), has announced the promotion of 143 Assistant Commissioners of Income Tax (Junior ...

Decoding the Income Tax Act of India for medical expense tax benefits can be a headache. This article demystifies and focuses ...

(a) In Direct tax Code 2025, there will be a probability that higher rate of tax is 35% as against in income tax i.e. 30% but due to surcharge that effective rate became 42.744%. Surcharge may be ...

Specific cases where clubbing applies. There are only a few specific scenarios where clubbing rules come into play. These ...

We discuss the key aspects of tax residency and PoEM rules in India for businesses operating here to avoid unforseen tax ...

Knowing crucial dates is necessary to avoid penalties and ensure a smooth tax filing process. Here are some of the key dates ...

Representatives from industry bodies sought reduction in personal income tax rates to ensure higher disposable income in the ...