Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits ...
EY expects significant changes in the direct tax framework, particularly to ensure a smooth transition to the New Income Tax Act, 2025. It has called for detailed guidelines and FAQs to reduce ...
The Income Tax Department usually notifies the ITR forms in a phased manner starting in April. The tax authorities will soon make the required forms available for the ITR filing to begin this month.