Countering Opposition barbs about being a ‘suit-boot ki sarkar’, the government on Monday informed the Lok Sabha that the ...

Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...

For salaried individuals and pensioners, the standard deduction has been increased to Rs 75,000. This effectively raises ...

Finance Secretary Tuhin Kanta Pandey discusses the new income tax slabs providing relief to individuals earning up to ₹12 ...

As the Finance Minister presented the Union Budget 2025, taxpayers are left pondering: Old Tax Regime or New Tax Regime? Which one should one opt for? With changes to income tax slabs for FY26.

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

For high earners, the new tax regime generally offers more savings, but those with significant deductions may still prefer ...

The Delhi High Court found that the reassessment notice under Section 148 issued for the assessment year 2016-17 was indeed time-barred, as the prescribed limitation period had expired on 31.03.2023.

Following the Budget announcement, reactions have been mixed. Some are praising it, while others are criticising it. Here's ...

The road transport ministry is finalizing a uniform toll policy for national highway users, according to Union Minister Nitin ...

Nageswaran highlighted that the growth in public capital expenditure may not be able to naturally maintain the same pace of ...

Russia is considering Saudi Arabia and the United Arab Emirates as possible venues for a summit between U.S. President Trump ...