These nine steps will help you prepare your tax return and ensure a smooth filing.

There is an option available to offer interest income for tax on accrual basis or receipt basis, at the discretion of the assessee. In case...

The government is wrong to try and hide NSSO data. But that does not make the data any less incredible.

Nearly all taxpayers have income from other sources but few declare. Find out how to report such incomes.

Although the standard deduction was further increased to Rs 50,000 in the 2019 interim budget, this still seems inadequate if you look at t...

Economists polled by Reuters had forecast the Treasury posting a $156.5 billion deficit in August.

Make sure you file both tax return and tax audit report October 17 as the penalties for non-compliance can be quite high.

The major defaulter, according to the CAG report, was the urban development department accounting for 91.4% of the amount for which certifi...

A prospective immigrant must show that his sponsor has the ability to maintain his income at a certain level.