You can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.

Did someone close to you leave behind unresolved tax responsibilities? Explore how heirs can address income tax notices, file overdue retur...

The TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...

Severance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says

A recent ITAT decision clarified ESOP repurchase taxation. The tax tribunal ruled that repurchased options are capital assets, not perquisi...

For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major u...

India's FAST Scheme 2026 provides a unique opportunity for taxpayers to declare foreign assets. This voluntary disclosure window closes on ...

Taxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the p...

IIFL Finance shares fell sharply on Tuesday after subsidiary IIFL Home Finance received a Rs 963.39 crore income tax demand covering April ...

ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it nece...

The Delhi High Court has ordered the income tax department to refund Vodafone Idea ₹53.09 crore. This refund is for assessment years 2003-0...

Selling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.

The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 has moved from Budget proposal to implementation. This article explains its t...

Succession planning involves connected legal and tax events, not just death. Income earned before death must be reported by the deceased's ...

SEBI has expanded the scope for Online Bond Platform Providers (OBPPs), allowing them to offer IFSCA-regulated products and specific tax-sa...

The CAG identified 1,902 tax lapses involving over twenty-five thousand crore rupees. These cases involved incorrect tax rates and faulty i...

The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...