India's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...

A woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...

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 has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...

India is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...

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

In a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...

Foreign investors have injected nearly ₹10,000 crore into Indian bonds in four sessions, reversing recent outflows. This surge follows tax ...

India will consider extending import tax exemptions on petrochemicals ⁠used ⁠for making plastics and pharmaceutical goods beyond June 30 to...

India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...

Foreign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...

Rajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...

Mr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...

India is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...

Salaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...

ITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...

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