Many salaried employees see a sudden spike in TDS between January and March because employers recalculate taxes after ...

Accepting Bitcoin can streamline payments, but Indian law imposes a flat 30% tax on VDA income and 1% TDS on transfers. Businesses must adopt strict valuation, accounting, and reporting systems to ...

Taxpayers who claim substantial tax-saving deductions, often summing up to several lakh rupees, generally find the old tax ...

Higher LTCG exemption, ₹1 lakh standard deduction, slab rationalisation, 80D inclusion under new tax regime and housing affordability are the major expectations in Union Budget 2026.

Budget 2026 is urged to align capital gains tax with income tax slabs and the Section 87A rebate, currently excluding these ...

Union Budget 2025 brought major relief to salaried taxpayers by revamping income tax slabs under the new tax regime. For ...

A practical checklist covering tax obligations, AMFI registration, SEBI guidelines, disclosures, and ongoing compliance ...

● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...

The issue concerns prolonged rectification and recovery pressures. The proposal seeks strict timelines, deemed approvals, and ...

One couldn’t quite call it a U-turn, but if any course correction was under consideration on Ireland’s vote on Mercosur, that ...

Discover the complete checklist of key documents required as income tax proof to make your ITR process smooth and hassle‑free.