Due to the income tax changes made in the FY 2024-25 (AY 2025-26), Form 16 will show certain changes this year. It will ...

With Budget 2025 making income up to Rs 12 lakh tax-free under the new regime, salaried taxpayers are weighing the benefits ...

The deadline to file income tax has been extended by the Income Tax Department to September 15, 2025 for the assessment year ...

Taxpayers in India can choose between two different regimes while filing their income tax returns --- each with a corresponding set of exemptions and benefits.

According to rules, salaried individuals can switch regimes annually, while business professionals can do so only once, and ...

Unlike the earlier regime under the Income Tax Act, 1961, which required NRIs to compute capital gains entirely in Indian ...

NRIs to pay lower LTCG tax on these equity shares due to proposed forex fluctuation benefit in New Income Tax Bill 2025 ...

Oligarchs, exiled leaders, hedge fund managers and high net worth locals have coexisted in a city where old and new money ...

The disclosure of tax regime selection (old or new) along with Form 10-IE or 10-IEA is necessary for those using ITR-3 to file their income tax return. The ITR-3 form has been simplified with a ...

NRIs must pick the right form to give information about their earnings and fill it up carefully, according to experts ...

For years, lawmakers have been working out the details on a plan to change the way ... what their future car tax bills will be, based on how old their vehicle is. The new system of valuing cars ...