Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...

Tamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...

Individuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...

ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...

Karnataka Home Minister Priyank Kharge has written to RSS chief Mohan Bhagwat requesting the organisation to register formally and disclose...

The Jan Aushadhi scheme had made medicines up to 60% cheaper and helped families save nearly Rs 40,000 crore across the country, Sitharaman...

A Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...

Small savings schemes, popular for conservative investors, will retain their interest rates for the April-June 2026 quarter, offering retur...

India's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...

A woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...

India is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...

Indian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...

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

India will consider extending import tax exemptions on petrochemicals ⁠used ⁠for making plastics and pharmaceutical goods beyond June 30 to...

India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...

Rajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...