Errors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...

Happy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...

Law-to-code is the practice of translating legal rules into machine-executable algorithms such as a Python code that software can automatic...

Deloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...

Nearly 79 million Americans already filed federal tax returns this year. Yet millions may still qualify for hidden IRS COVID refund claims ...

The Enforcement Directorate is now looking into employee stock options from foreign firms given to Indian workers. This move aims to uncove...

From vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...

Non-resident Indians can now get credit cards in India. These cards offer benefits for spending both in India and abroad. Several banks lik...

Indian investors remain hesitant about overseas investing due to taxation complexities and operational ambiguity. Expert Himanshu Kohli adv...

A one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...

Farmer producer organisations (FPOs) are key to integrating smallholders in India, but they are constrained by scale, market access, financ...

Finance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...

Indian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...

The Income Tax Act, 2025 will boost voluntary compliance by simplifying provisions and reducing complexity, a senior official said. The rev...

The Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxatio...

A nationwide drive by India's income tax department has resulted in taxpayers disclosing foreign assets worth ₹29,208 crore. Launched in No...

Around 90,000 employees from PSUs and private sectors have withdrawn false tax deductions claims amounting to Rs 1,070 crore as of December...