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

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 ...

Understand NRI tax filing in India for FY 2024-25, including residential status, taxable income (NRO interest, rent, capital gains), TDS refunds, DTAA, and filing ...

The tax expert said ULIPs no longer guarantee tax-free returns. Investors paying over Rs 2.5 lakh annually may face capital ...

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

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

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, ...

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.

Many Indian taxpayers may face delays in receiving their income tax refunds this year. The main reasons are the late release ...