The Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...

Wealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...

India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...

The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...

Hybrid mutual funds, particularly aggressive hybrid schemes, offer resilience in volatile markets due to their balanced equity and debt por...

Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...

The New Delhi Municipal Council announced a 10 percent property tax rebate for the financial year 2026-27. Property owners can avail this c...

PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...

The Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...

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 ...

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 ...

Tenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...

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

Guwahati may host summit-level talks between Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi. Assam is seeking Japa...

In a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...

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