An Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...

India’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...

The Income Tax Bill, 2025, introduces a streamlined tax regime with revised slabs and lower compliance burdens while imposing stricter pena...

Abheek Barua, economist, highlights the need for adjustments in income tax rates, particularly for the lower middle class, to boost mass co...

Union Budget 2024: The spotlight on income tax changes commands attention in the upcoming interim budget. Indians await exemptions while th...

The income tax department has made changes to the disclosure requirements for charitable institutions seeking income tax exemption. Effecti...

Currently, the basic income tax exemption limit is Rs 2.5 lakh for individual taxpayers under both the old and new income tax regimes. Expe...

The government has progressively raised the monetary threshold for appeals by the tax department at different levels of resolution to cut d...

“If you find the new scheme preferable, you can move to it or you can continue with the old one,” said CBDT.

Demand for gold last year had dropped by 9 per cent from 2018 to 690.4 tonnes .

The Narendra Modi government does not understand the problem facing the Indian economy and thinks it can fool the people by publicity or tw...

FPIs have sought roll back of surcharge, as a confidence boosting signal from Modi government.

Sitharaman may raise the tax exemption limit for working-age individuals to Rs 300,000 of their annual income.

FM maintained status quo on the time limit for the applicability of long-term capital gains tax in equities to one year, providing big reli...

Tax evaders should now get ready to face the music. The government is considering bringing in stringent provisions to curb tax evasion thro...