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INCOME TAX IN INDIA
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...- Income tax return filing 2026: 5 reasons smart taxpayers file ITR even when not mandatory
- ITR-2 filing for AY 2026-27 is live: Who must file, key deadlines & costly mistakes to avoid
- 5 reasons why you can get income tax notice for FY 25-26 ITR: Salary income, TDS, AIS mismatches and more
- Is tax-exempt income in India also exempt in the US for NRI?ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...
- India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closureIndia has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring ...
- PAN now mandatory for big transactions: Form 97 route restricted; check new rules
- Tax saving investments in India: 7 things you need to know
- ITR filing 2026: New disclosure rules on donations, F&O & more explained
- Gift your parents money and see your tax bill shrink; the legal way to do it
- Income tax dept opposes benefits to Jane Street SingaporeIndia's tax office has challenged treaty benefits claimed by Jane Street's Singapore arm, suspecting ₹8000 crore in escaped income. The dep...
- New I-T Act marks new chapter in India's tax administration, step towards Viksit Bharat: CBDTIndia has a new Income Tax Act, 2025, effective April 1, 2026. This replaces the old 1961 Act, making tax rules simpler and easier to follo...
- Income Tax Act: As the 2026 tax transition nears, taxpayers may have to navigate two legislations concurrently for next few yearsThe Income Tax Act, 2025 modernises the law while preserving continuity, ensuring that taxpayers are not forced into uncertainty during tra...
- Income Tax Act 2025: New rules to kick in from April; why you should recalculate before deciding between old and new tax regimesWith the overhauled Income Tax Act taking effect from 1 April, taxpayers must prepare for new rules—and the renewed old vs new tax regime d...
- What is the simplest way to gift money to my daughter living abroad?ET Wealth Reader's Query: I want to gift a large amount to my daughter living abroad for her future needs. What is the simplest way to send...
- Income tax calculator 2026: How much tax you’ll pay on income of Rs 15 lakh, Rs 30 lakh or Rs 50 lakh under existing vs proposed income tax rules 2026New draft income tax rules for 2026 are set to change how salaried employees are taxed. Calculations reveal significant potential tax savin...
- Despite income tax cuts, India on track for fiscal consolidation: S&P Global RatingsIndia remains on track with its fiscal consolidation efforts despite recent income tax cuts. S&P Global Ratings projects the country to mee...
- How many people pay income tax in India? Here's a glimpseIndia has one of the worst ratio of taxpayers to voters, it needs more people filing taxes.
- The man who came up with Income Tax in India
- Direct taxes code task force to be reconstitutedThe task force was set up on November 22, 2017, following Prime Minister Narendra Modi’s observation at Rajaswa Gyan Sangam that the Income...
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