Taxpayers can save income tax up to Rs 1.5 lakh annually by investing in Equity Linked Savings Schemes (ELSS). These tax-saving mutual fund...

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

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

India's economic outlook continues to evolve, with Finance Minister Nirmala Sitharaman highlighting the government's unwavering resolve to ...

The Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees seeking predictable income. To earn...

India has eliminated long-term capital gains tax on FII investments in government securities, effective April 1, 2026, to attract foreign c...

National Savings Certificate provides a secure investment option. With a 7.7% interest rate, a Rs 1 lakh investment grows to over Rs 1.44 l...

Indian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settlin...

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...

India is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...

Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...

Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...

Indian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...

ITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...

Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...

The rift stems from the Income-tax department's demand that deeds of these religious and charitable trusts must categorically state that th...

Errors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...