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

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

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

Currently, under the new system, annual income of up to 1.5 million rupees (about $17,300) attracts a tax rate of between 5% and 20%, while income of more than that is taxed at 30%.

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