The Department of Posts now mandates quoting Permanent Account Number (PAN) for specified transactions. Individuals without a PAN must subm...

Following a foiled attack at the White House Correspondents' Dinner, a top official has called a meeting with the Secret Service and DHS to...

Salaried employees face new Tax Deducted at Source rules from April 1, 2026. The new financial year brings revised tax calculations and com...

Taxpayers face a critical March 31, 2026 deadline for numerous income tax and GST filings. Missing these dates can lead to lost benefits an...

Draft Income-Tax Rules 2026 aim for voluntary compliance but require crucial changes to prevent taxpayers from paying twice. Key issues inc...

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must provide TDS cr...

Budget 2026 Expectations: Buying property from Non-Resident Indians creates tax hurdles for buyers. Current rules demand extra registration...

Income Tax on property: There is a problem with the Income Tax law due to which in immovable property sale cases, Taxpayers especially NRIs...

An NRI faced tax issues after a property sale in Pune for Rs 2 crore. The buyer used the wrong TDS form (26QB), causing problems. The Incom...

A PIL filed in the Supreme Court challenges the TDS system as arbitrary and irrational, claiming it violates fundamental rights and burdens...

Unlike residents, NRIs cannot use Form 15G/H and must apply for a reduced or zero TDS certificate. The process involves submitting an onlin...

Investment and production-linked incentives may be considered for strategic sectors that can strengthen 'sustainability' or lead to energy ...

CBDT has simplified the procedure for filing of self declaration by individuals in 15G and 15H forms, allowing them to do it electronically.

According to latest data, the growth in TDS collections is less by 50 per cent this time as compared to the last period.

There is much the Budget can do to make tax procedures simpler for NRIs as well as to attract more NRI investments.

Chidambaram will launch the Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) tomorrow, a move likely to ease the compliance...

With more and more big ticket government programmes such as National Rural Health Mission and Sarva Shiksha Abhiyan (education for all) bei...