The Delhi High Court has interpreted the Supreme Court's decision in Union of India v. Rajeev Bansal to elucidate the time ...

The Government of India has taken steps to decriminalize minor offenses in direct tax matters, particularly benefiting small and medium businesses. The Finance Act, 2023, introduced a sunset clause in ...

The government has reported a rise in direct tax collections and foreign investment inflows following corporate tax rate reductions, effective from AY 2020-21 (except the pandemic-affected FY 2020-21) ...

Centre is set to table the new income tax bill in Parliament today. According to Finance Minister Nirmala Sitharaman, the ...

The government said it tried to allay the concerns of India's middle class, particularly income tax payers, in the Union ...

NRIs who opt for the new tax regime may get some benefits, but they are not eligible for the Section 87A rebate ...

N18G India’s Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025-26 on February 1, marking her eighth ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

At the beginning of the year, the PV market experienced a temporary boost driven by channel filling, following strong retail ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

India appears to be softening on its strict crypto regulations. But without tax relief, trading crypto in the country is ...