Over the past eleven years, the government said it has gone beyond token measures to make a real difference in the lives of the middle class. From lowering income tax rates to simplifying returns, ...

The last 11 years have seen steady reforms introduced by the Government to make life easier and more dignified for the middle ...

The newly introduced Income Tax Bill,2025 (IT bill), presents a transparent and clear legal framework classifying Virtual Digital Assets (VDA), including cryptocurrencies and Non-Fungible Tokens (NFTs ...

While macroeconomic indicators have achieved feeble stability over the past year, on-the-ground conditions remain ...

In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain ...

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 ...

Failure to report interest earned from savings accounts, fixed deposits, bonds, or other sources, even if tax has been ...

D (health insurance), and home loan interest are just a few of the many exemptions and deductions that were available under ...

If an individual has deposited over Rs 50 lakh in a savings account or Rs 1 crore in a current account in a financial year, ...

The income tax department has introduced enhanced validation rules in the ITR filing utility for FY 2024-25 (AY 2025-26), ...

NRIs, after acquiring a property in India, should file annual income tax returns even if the income generated from the ...

The basic exemption limit varies depending on the chosen income tax regime. For the old tax regime, the limit is set at Rs ...