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

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

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

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

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

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

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

NRIs living in the UAE can benefit from the country’s zero-tax regime and India’s tax treaties to minimise their overall income tax burden.

With India’s tax laws tightening around retirement products, high-income earners must rethink their strategies. From capital ...

One of the fund categories that is attracting a lot of attention from institutions and HNIs is arbitrage funds. Any arbitrage funds typically buys in equity and sells in stock futures. Here are the ...

The delay in releasing ITR-2 and ITR-3 forms is likely due to the complex nature of these returns and the major updates ...

Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.