Income Tax
The Income Tax Department has published a comprehensive user guide to help taxpayers report their foreign assets and income correctly. Here's what you need …
Income Tax
If you sold shares, property or cryptocurrency in the last financial year, understanding capital gains tax rules is crucial before filing your income tax …
Income Tax
The Income Tax Appellate Tribunal has ruled in favor of SGS India, ordering a refund of excess Dividend Distribution Tax and limiting the tax …
Income Tax
The government is set to introduce several key legislative bills in the upcoming Monsoon Session of Parliament, covering income tax reforms, MSME support, and …
Income Tax
The Income Tax Department has made foreign asset information visible on the income tax e-filing portal, allowing taxpayers to verify their overseas holdings. Here's …
Income Tax
Section 44ADA offers a presumptive taxation scheme for specified professionals, allowing simplified compliance with minimum tax liability on gross receipts.
Income Tax
Filing your income tax return is only half the job done. Without e-verification within 30 days, your ITR remains incomplete and you may face …
Income Tax
Union Finance Minister Nirmala Sitharaman has unveiled PRARAMBH 2026, a new initiative by the Income Tax Department aimed at transforming taxpayer services and modernizing …
Income Tax
Moving abroad doesn't automatically exempt you from Indian tax obligations. Understanding residential status and income sources is crucial for NRIs to determine their ITR …