Honeywell on Thursday forecast second-quarter revenue below Wall Street estimates as conflict in the Middle East weighed on the U.S. indust...

The New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictabi...

AAA $4.15 million insurance settlement claim payout is now open for eligible drivers, with payments up to $25,000 and deadline April 29. Dr...

Under Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.

During a recent conference, Finance Minister Nirmala Sitharaman highlighted the importance of easing tax payment processes for well-meaning...

Prepayment quantum is reduced to 10% on core tax demand to curb litigation. Taxpayers can now update returns even after reassessment begins...

Corporate India is rallying for crucial reforms as the budget season approaches. Their wishlist highlights the necessity for minimized lega...

Income Tax Act, 2025: Once the new income tax bill is passed by Parliament, many taxpayers and common citizens will wonder when it will com...

India's Finance Minister Nirmala Sitharaman announces a New Income-tax Bill in 2024 aimed at simplifying tax laws, stimulating investment, ...

Experts call for tax reforms before the upcoming budget. They suggest a simpler tax system with lower rates and a wider base. This aims to ...

Reform of dispute resolution mechanisms, simplification of litigation management, overhaul of rules dealing with transfer pricing and tax d...

The income tax department received suggestions for the Income Tax Act review. Finance Minister Nirmala Sitharaman chaired a meeting on the ...

The Central Board of Direct Taxes has formed a committee to review the Income-tax Act, 1961. This follows the Union Budget 2024-25 announce...

The Income Tax department has sought public opinions to simplify the six-decade-old Income-tax Act, focusing on clearer language, reducing ...

Introduced in 2019, the scheme, which was aimed at freeing “a large number of small taxpayers of their pending disputes with the tax admini...

The NDA government will sharply increase the monetary thresholds at various levels – in the courts and appellate tribunals – to cut down on...

The report also remarks that the government should accept orders of the Armed Forces Tribunal and further appeals should only be made in 'e...