India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...

Finance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...

PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...

A woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...

Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...

Prime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...

Mr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...

The taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...

India changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...

Israel faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...

Americans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...

In a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...

The Congress party alleges the Modi government is in panic over the economy. They point to a reported plan to remove capital gains tax on f...

Salaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...

Taxpayers are advised to delay filing their Income Tax Returns for AY 2026-2027 until after June 15th. This allows for the accurate updatio...