The Income Tax Department recently conducted search and seizure operations on Delhi Police personnel after discovering fraudulent refund cl.

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

People who earn above a specific amount must pay tax on their income and it is called income tax. The government sets the tax ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

Following the Bombay High Court order to extend the revised and belated income tax return (ITR) deadline to January 15, 2025, ...

Once again salaried individuals will be required to file their income tax return (ITR) before the deadline for assessment ...

In the matter abovementioned ITAT referred to the AO to examine the allowability of the claim u/s 11 of the Act in view of the decision of the Hon’ble Apex Court in the decision of ACIT Vs. Ahmedabad ...

If you are a salaried employee, you must inform your employer about the tax regime you want to opt for during the year. If ...

Chartered accountants' apex body ICAI has sought tax benefits for promoting climate change mitigation strategies and a ...

As Budget 2025 approaches, key expectations include tax relief, fuel duty cuts, support for employment sectors, rural consumption boost, and measures against Chinese dumping to drive economic growth.

The Institute of Chartered Accountants of India (ICAI) has proposed tax reforms to promote climate change mitigation, a ...

In this globalized economy, tax transparency and compliance has become paramount to ensure that taxpayers disclose their global income and assets accurately. The Common Reporting Standard (CRS) and ...