Parents can open a Public Provident Fund (PPF) account for their minor children to secure their future, benefiting from compounding over th...

Retirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentia...

As Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...

Individuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...

Resident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...

In FY26, Sanjiv Puri, the Chairman and Managing Director of ITC, saw his total compensation decline by 6.8% to Rs 23.91 crore. This reducti...

ITC Chairman and Managing Director Sanjiv Puri's total pay saw a 6.8% dip to Rs 23.91 crore in FY26, primarily due to lower performance bon...

The Goods and Services Tax Appellate Tribunal (GSTAT) has extended its relaxed scrutiny guidelines for filing appeals until December 31, 20...

Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...

The Department of Telecom has opened applications for companies seeking authorization to provide telecommunication services under the new T...

Understanding Tax Deducted at Source (TDS) on your salary is crucial. Employers calculate your annual tax liability based on declared incom...

Ahead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...

The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...

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 ...

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...