India's dry cell battery giants, including Eveready and Panasonic, are warning of potential shutdowns due to new government recycling rules...

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

AY 26-27 and TY 26-27: Confusion surrounding the new Income Tax Act, 2025, and its transition from Assessment Year (AY) to Tax Year (TY) is...

Income Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...

The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...

India's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....

Indians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...

The communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...

Microfinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...

The deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...

The Enforcement Directorate has summoned Pinarayi Vijayan's daughter, Veena T, for a second round of questioning on June 29 regarding a mon...

India's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from c...

India's direct tax collections have seen a significant jump. Net collections reached Rs 5.21 lakh crore by June 17, marking a 14.64% increa...

India's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....

Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...

Tamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...