Choosing the right income tax return form for AY 2026-27 depends on income sources. Individuals can now report two house properties using I...

Taxpayers using the presumptive taxation scheme must select the correct Income Tax Return form. Generally, ITR-4 is suitable for individual...

Employee got Rs 65.21 lakh as VRS after company shut plant, but wrong ITR reporting led to tax dispute; ITAT Pune rules in his favour and g...

Though an individual cannot claim certain deductions in the new tax regime, however, a certain type of incomes remain tax-exempted under th...

A wide range of income received — say non-compete payments (which sometimes did not fit the above definitions of salary or profits in lieu ...

"The jewellery category is a $40 billion category and at 5% market share our future growth will be ensured in a way," Bhaskar Bhat said

SCSS offers tax benefits under Sec 80C and allows premature withdrawals. However, there are a few problems that need to be fixed.

Our expert guides you in matters relating to taxation.

The new Direct Tax Code is now well on its way to becoming the law of the land. From April 1, 2011, many things will change, but compared t...

Jammu and Kashmir government has allocated Rs 40 crore for a Voluntary Retirement Scheme for employees of public service units in the state.

The working group on non-resident taxation, set up by the finance ministry and headed by the director-general of income-tax (international ...

Economictimes.com reproduces the speech delivered by Pradip Baijal, Secretary, Ministry of Disinvestment, at the Delhi edition of the semin...

CHENNAI: Reeling under severe financial crisis for the second year in row, the Tamil Nadu government has come out with a tough budget for 2...