The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...

Indian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...

Indian students eyeing New Zealand education now face significantly longer visa waits, with processing times nearly doubling compared to la...

A Kerala consumer commission ordered an online clothing seller to refund a dress cost and pay Rs 10,000 in compensation and costs. The sell...

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...

The deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...

In a post on X, formerly Twitter, Kamath described NSE as a "cash generation and distribution machine", noting that the exchange earned mor...

Form 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, effectively superse...

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is fo...

Taxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...

The case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...

Mutual fund advisors are predicting 2026 as the year for hybrid funds, especially for new investors navigating economic uncertainties. Cons...

Trinamool Congress rebels have reportedly merged with the Nationalist Citizen Party of India. This obscure party, registered in West Bengal...

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

More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most sear...