The draft of India’s 2025 Income Tax Bill simplifies the language of the complex 1961 Act. This is welcome. But the effort ...

This salaryman got hit with Rs 1 lakh tax penalty as he forgot to deduct and submit TDS while paying Rs 55,000 as monthly ...

While the new regime has fewer levers, there are still legitimate strategies available to reduce tax liability. When Budget ...

Resident Indians must report foreign mutual fund holdings and other overseas assets in ITR under Schedule FA. Know how to ...

Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief. Old regime remains ...

Key points for auditors on Clause 34 of the Tax Audit Report, covering TDS/TCS compliance, statement furnishing requirements, ...

The adviser behind Labour’s inheritance tax raid on farmers has called on Rachel Reeves to raise capital gains tax to plug ...

Resident Indians classified as “Resident and Ordinarily Resident” (ROR) are required to disclose all foreign assets, ...

Banks, tax rules, state governments, and central housing schemes offer incentives that help women make long-term investments ...

In a rapidly evolving fixed income landscape, investors are increasingly seeking strategies that deliver not just stability ...

If you want tax-saving returns and guaranteed returns, post office schemes are a guaranteed investment in FY 2025-26. Backed by the government, they offer guaranteed returns, are low-risk, and are ...

For one, your children's school and college tuition fees are eligible for deductions under section 80C. That would help ...