Rs 17.41 lakh penalty imposed due to error in ITR filed by junior staff in CA firm; Here's how affidavit from the CA firm's owner helps tax...

US tariff move draws mixed response from India's textile industry, with some fearing export disruption while others see a competitive oppor...

The United States has reduced tariffs on most Indian exports to ten percent. This change follows India's recent actions against forced labo...

Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by le...

The United States is imposing a 50% tariff on many Canadian goods. This follows Canada's alleged discriminatory treatment of American cars ...

Many companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...

Japan has tripled its departure tax to three thousand yen for all travellers leaving the country. This increased levy aims to fund measures...

NRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...

Among Assam's 2026-27 budget proposals, a major one is that polygamous men will be barred from accessing government schemes. Additionally, ...

The Tea Association of India lauded the Assam government's incentive scheme for boosting Orthodox tea production and exports, which saw sig...

Kashmir's severe mutton shortage has ended after the Punjab government lifted an illegal levy on livestock transport vehicles. Following in...

Kashmir's wedding season is marred by a severe mutton shortage, with traders blaming an "illegal" levy imposed by Punjab on livestock. This...

A significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...

India has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...

Real money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...

The Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...