In this blog post, I’ll break down what these schedules are, provide real-world examples, and explain how to report them on ...

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

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

Selling property, stocks or gold? Understand how capital gains tax works and how to legally cut your tax bill.

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

The Income Tax Department has access to global financial data through international frameworks like the Common Reporting ...

Gold, debt, and other capital assets see their holding period for LTCG classification drop from 3 years to 2, with a unified ...

Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax.

The Select Committee on the Income-Tax Bill 2025 recommended this, say officials closely involved with the legislation.

Enhanced reporting for deductions [80C,10 (13A)] etc.