Wife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh ...

Operating under a fresh local entity fully registered with India's Financial Intelligence Unit (FIU-IND) and compliant with local tax frame...

ITR filing deadline: Taxpayers with business or profession income must file their returns today. This deadline applies to those using ITR-3...

One of the biggest misconceptions among retail traders is that profits from F&O are taxed like stock market gains. That is not the case. Un...

Jefferies initiated coverage on Leela Hotels with a Buy rating and a Rs 675 target, citing India’s premiumisation trend, rising luxury trav...

Non-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...

The Enforcement Directorate froze bank deposits worth over fifty-one crore rupees. This action is part of a fresh probe into a massive bank...

PRISM operates a single technology-enabled platform across more than 35 countries, with technology and product engineering, pricing and rev...

The rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regular...

The TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...

R Sivakumar, CIO, Axis Mutual Fund, believes the starting point should be a diversified asset-allocation framework rather than market views...

For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major u...

Selling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.

There is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...

While a weaker rupee means more rupees for every dollar remitted, it can also erode the dollar value of INR-denominated investments over ti...

When selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary bas...

Constructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...