Act, 1961, individuals whose estimated tax liability exceeds Rs 10,000 during the year are required to pay advance tax.

Mumbai ITAT ruled in favor of M Gulati, confirming his non-resident status as he spent 210 days abroad. The tribunal ...

The Income-tax Appellate Tribunal in Mumbai ruled that days spent abroad for job searching count towards non-resident status ...

If you pay health insurance premiums for your parents, you can claim an additional tax deduction of Rs 25,000 if they are ...

The Government has further amended the new tax regime to reduce the taxes, especially keeping in focus the middle class. The article relates to reform introduced in personal income tax in Budget 2025.

Tax-saving fixed deposits (FDs) offer a secure investment option with guaranteed returns, while providing tax benefits under ...

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

In its ruling, the ITAT Pune concluded that the provisions of Rule 128 (9) are directory, not mandatory, aligning with judicial precedents emphasizing the supremacy of DTAA provisions in cases of ...

The government really needs to change its attitude to income taxes — and not out of compassion, but necessity. For investment ...

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

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