Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

If you wish to save income tax on long term capital gains from sale of any specified asset like equities, land, real estate ...

Tax-saving FDs provide tax deductions under Section 80C with a five-year lock-in period. These deposits offer stable returns ...

Tax Saving Fixed Deposits are gaining a great deal of interest from investors seeking higher yields and tax related savings.

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or ...

India has been receiving details of assets and income parked abroad by Indians under different information-sharing frameworks ...

The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department.  This system ...

If you pay health insurance premiums for your parents, you can claim an additional tax deduction of Rs 25,000 if they are ...

Recently, the new Income Tax Bill 2025 was introduced in Parliament. Although touted as a step to make Income tax law in India simpler, the Bill contains some provisions which may disturb ...

Fixed deposits are primitive yet popular investment schemes that people are still fond of. They are considered a safe ...

Based on preliminary assessment of the issues involved, JK Lakshmi Cement said it is of "the view that the demand is fallacious, legally untenable and would be set aside in the course of proceedings".