Self-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...

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...

Three months after U.S. and Israeli airstrikes, President Trump's objectives against Iran show mixed results. While Iran's missile and dron...

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...

Sebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...

As Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...

Taiwan has opened a new website for Chinese citizens to share intelligence. The platform encourages those who value democracy to report on ...

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...

The New Delhi Municipal Council announced a 10 percent property tax rebate for the financial year 2026-27. Property owners can avail this c...

A more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...

The Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...

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

After 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...

India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...

India is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...

Many taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...