They must report Indian assets if income crosses Rs 1 cr as threshold for capital gains has increased, say experts ...

Section 54 LTCG tax exemption claim valid without revised ITR; Confirms LTCG deduction on new property purchase in Delhi; ...

If a house is inherited from a grandfather and later rented out, the rent is taxable. Interest from inherited bank accounts ...

Fixed deposits, bonds, non-convertible debentures, Post Office Monthly Income Scheme, Senior Citizen Savings Scheme – ...

NRIs can e-verify their return using Net Banking, or by generating an Electronic Verification Code (EVC) through a ...

Income Tax Department has released new ITR forms for FY 2024-25, but delays in key utilities like ITR-2 are causing concern ...

AD You’re paying too much tax. That’s the harsh reality for most Indian high-net-worth individuals watching their wealth get ...

Without economic and social justice, political freedom is hollow.” – Dr. B.R. Ambedkar. India's economy is often praised as a ...

Shares of Schloss Bangalore Ltd, the owner of the Leela Hotels chain, rallied as much as 5 percent to Rs 426 on July 8 after ...

Choosing the right ITR form saves you trouble during income tax filing. From salaried individuals to companies and trusts, ...

The tax expert said ULIPs no longer guarantee tax-free returns. Investors paying over Rs 2.5 lakh annually may face capital gains tax—making mutual funds a more efficient alternative.

Understand why ITR-2 and ITR-3 utilities are delayed for AY 2025-26, impacting taxpayers and professionals, due to policy ...