Ultimately, India should get a fair share of tax revenue (from overseas digital firms accessing Indian market), which we are ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

These amendments aim to eliminate ambiguity and ensure uniformity in calculating the limitation period for tax proceedings. Most of the changes will take effect from April 1, 2025, while some ...

A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...

Ans. Vide Finance Bill, 2025, the time-limit for processing application of the assessee under section 270AA has been increased from 1 month to 3 months from the end of the month in which application ...

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

The Income Tax Act review—announced on July 23—was supposed to be completed in six months, which ended on January 23. Can we ...

In India, the rising cost of healthcare makes health insurance essential for financial protection against unforeseen medical ...

The Direct Tax Code will overhaul the income tax laws, making them simpler and reducing legal complications and litigation ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...