Indian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...

India's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....

Indians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...

A 10% annual SIP step-up could boost a Rs 26,000 monthly investment towards Rs 1 crore in a decade, according to an expert. The analysis hi...

A senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...

The deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...

With the UK deal kicking in next month, an EU pact likely next year, and a US agreement in the works, over 60% of India’s trade will soon f...

Senior citizens can now secure fixed deposit rates as high as 8.05% for a five-year term with select small finance banks. While these attra...

The World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...

India's direct tax collections have seen a significant jump. Net collections reached Rs 5.21 lakh crore by June 17, marking a 14.64% increa...

Self-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...

Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...

Individuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...

Sebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...

A Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...

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