Disallowed deductions' related business losses expire in the new tax regime, while ordinary business losses can continue to ...

As the income tax filing season for Assessment Year 2025-26 picks up pace, it’s crucial for taxpayers to understand a ...

The income tax department has notified ITR-7 for AY 2025-26 with key changes in capital gains reporting. Here's what trusts, ...

If you want to file smoothly, avoid errors, and potentially save on taxes, here are some essential tips you should know ...

Under the new tax regime, you can get a 30% standard deduction on rental income, known as Net Annual Value (NAV). This means ...

A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...

Are you making right claim of refunds in your Income Tax Return — Here are the key points which you are required to know before filing your Income Tax Return!! > Every person who is having income ...

According to Budget 2025, under the new tax system, you don’t have to pay tax on income up to ₹12.5 lakh. This is a big jump ...

The Ministry of Finance is currently reviewing two possible methods for calculating personal income tax on real estate ...

Recent income tax updates in India introduce revised capital gains tax rates on securities for residents, non-residents, and ...

Companies anticipate increased demand due to income tax relief starting in April. This could boost consumption, especially in ...

The Central Board of Direct Taxes (CBDT) has recently released significant updates to the ITR-6 form for the Assessment Year ...