An investment must first stand up as an investment, and be a tax-saver only by accident. However, this problem has now solved itself. The n...

Miscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.

A Boeing 747-8, gifted by Qatar, is now serving as a temporary Air Force One for President Trump. While awaiting new presidential aircraft,...

A chartered accountant warns that home loan borrowers often overlook the total repayment, which can double the initial amount. He highlight...

The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to...

As taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This un...

India's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...

East Wing Ballroom Executive Residence Contract: U.S. President Donald Trump was directly involved in negotiating some costs for ⁠the ballr...

Taxpayers now have until July 31, 2026, to file appeals with the Goods and Services Tax Appellate Tribunal (GSTAT). This extension, a month...

Taxpayers get a breather as the government extends the Goods and Services Tax Appellate Tribunal (GSTAT) appeal filing deadline by a month ...

As Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...

Trump's attempts to reshape U.S. election rules have largely failed, with recent Supreme Court and lower court rulings blocking his executi...

Indians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...

Resident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...

Returning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...

Taxpayers shifting their business location will now have their ongoing tax proceedings seamlessly transferred to the new jurisdictional aut...

ITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...