Making timely payments is crucial when it comes to tax compliance to avoid penalties and interest. Also, meeting deadlines ...

Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...

The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for ...

Tax Deducted at Source (TDS) is a scheme launched by the Government of India for deduction of tax at the very source of income. It ensures each payment made will carry some portion of taxes being ...

Uttar Pradesh Chief Minister Yogi Adityanath said that a boatman's family earned Rs 30 crore in just 45 days during the ...

Section 247 of the Income Tax Bill, 2025, prescribes an authorised officer to gain access by 'over-riding' the access code of ...

Khan's UK earnings were taxed in the UK, and India's DTAA with the UK allowed him to offset this tax against his Indian ...

The Government of India is preparing a concept paper aimed at delineating the future of virtual digital assets (VDAs) within ...

The ICAI has proposed a reduction in the number of sections in the bill by 90 to 100 from the current total of 536.

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

Sources said the new provision under Section 247 of the I-T Bill to override the access code of a virtual digital space is ...

The Union Budget 2025-26 introduces significant reforms in India's insurance sector and income tax regime, aiming at broader ...