A young businessman running a company with ₹1 crore annual revenue was convinced by bank officials to buy three non-market linked insurance...

From an income tax perspective, the new Income Tax Act, 2025, scheduled to be effective from 1 April, 2026, simplifies language, removes ob...

With stock market volatility, Edelweiss Mutual Fund highlights its Multi Asset Allocation Fund as a tax-efficient fixed income alternative....

NRO accounts are less restrictive for Indian rupee transactions compared to other types of accounts available to NRIs in India, making them...

With a promise to further simplify the current tax law by introducing a new Income-tax Bill next week, the taxpayer-friendly Budget include...

Since its introduction, the government has actively promoted the new tax regime, citing its reduced compliance burden for both taxpayers an...

Knowledge about the various tax slabs would be very helpful in reviewing your investment plans which will help immensely in our investment ...

In one of the cases the bone of contention was whether cycle locks should be treated as parts and accessories of bicycles and are distinct ...

Tax rates have been finalised for 1,211 items with a majority of items being kept under 18 per cent rates.

Only luxury and sins goods are now only in the highest tax bracket and items of daily use are shifted to 18 per cent.

Dilip Lakhani, Senior Chartered Accountant answers queries from our readers on income tax and other levies.

Chaired by Union Finance Minister Arun Jaitley, this is the first time that such an important national policy-making meet is being held in ...

The goods and services tax (GST) is expected to reduce b prices by eliminating multil ple levies, but could some goods become costlier?

Sisodia said dual control of GST also defeated its intended objectives and sought more intense consultations on the issue in future course ...

This rule applies to capital gains from the sale of 'personal property' such as certain shares, mutual funds, debentures, bonds etc.

As the last date for filing tax returns for 2011 approaches, here's some help for NRIs in US on how their income from India gets taxed.

The commerce, industry and manufacturers in this region welcomed the budget, particularly the introduction of Goods and Service Tax by Apri...