Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

Finance Minister Nirmala Sitharaman to introduce the Income-Tax Bill, 2025 in Lok Sabha, focusing on clarity, simplicity, and ...

The proposed profit attribution rules under India's income tax law seek to put in place an objective and balanced framework ...

The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

The new Income-Tax Bill 2025, introduced by India’s Finance Minister, seeks to replace the 1961 Act, providing clearer tax ...

Bill to propose inclusion of provisions of virtual digital assets. Notably, only income earned within India would be subject to tax, and not global income.

Negotiations at the United Nations may gain new impetus after President Trump rejected the Organization for Economic ...

The Bill is expected to omit references to the old tax regime, officially making the new tax regime the default. However, ...

The European Union will make a big push for regulatory simplification this year, refraining from introducing new tax proposals as part of an effort to ease business compliance burdens.

Pennsylvania’s governor urged lawmakers to make companies file taxes on a combined basis, to help prevent tax avoidance.