From RSUs to retirement accounts, what returning Indians must settle before—and after—they land. The first thing to understand is that immi...

UK-based Indian employee sold 1,540 L&T Infotech shares for Rs 26 lakh which he had acquired through ESOPs, declared Rs 1 lakh short-term c...

Government debt servicing remains positive, with loan accumulation below GDP expansion. However, irregularities worth ₹603 crore were found...

Retired teacher from Mysore deposits Rs 1.33 crore cash in bank, files no ITR; tax dept issues notice; he wins case in ITAT Bangalore as ta...

New legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral pr...

An Indian-origin chief financial officer received a four-month jail sentence. Aditya Humad was convicted for bribing surgeons with sham con...

The IRS Earned Income Tax Credit (EITC) can provide significant tax relief to eligible low- and moderate-income workers. For tax year 2025,...

Due to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine ded...

According to recent surveys, many Americans fear that the ongoing U.S. war with Iran could destabilize the Middle Eastern region. Disruptio...

Digital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...

A Nagpur woman who lost Rs 6.93 lakh in a FedEx parcel scam won a consumer court case against ICICI Bank. The commission ordered the bank t...

FISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST...

Taxpayers who filed their income tax returns by the July 31 deadline are now awaiting refunds. The Income Tax Department processes refunds ...

A man's Rs 1.14 crore income tax payment sparked debate on taxpayer value in India. He chose to stay in India despite overseas job offers t...

Chief Economic Advisor V Anantha Nageswaran warned that offering utilities like water below cost undermines infrastructure, encourages wast...

Higher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental cases withdra...

The Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple s...