India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...

Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...

India is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...

In a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...

Foreign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...

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...

The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...

The taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...

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

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

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...

Salaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...

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...

Taxpayers are advised to delay filing their Income Tax Returns for AY 2026-2027 until after June 15th. This allows for the accurate updatio...

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...