Income Tax
India plans to advance tax legislation affecting global bond fund investors despite ongoing parliamentary disruptions. The move could reshape foreign portfolio investment dynamics and …
Income Tax
With the income tax return deadline approaching, taxpayers must understand the online filing process. Here's a comprehensive guide to filing your ITR through the …
Income Tax
India celebrates its 167th Income Tax Day, marking the introduction of income tax in 1860. Here's what the day commemorates and why it matters …
Income Tax
The Income Tax Department is operating with a significant workforce deficit of 26,997 officers and support staff, raising concerns about tax administration efficiency and …
Income Tax
A High Court judge's legal challenge over exemption denial under the new tax regime highlights ongoing confusion about which deductions and benefits taxpayers can …
Income Tax
The Indian government has clarified that there is currently no proposal under consideration to eliminate the long-term capital gains tax on equity investments, maintaining …
Income Tax
The government is set to introduce key legislation on income tax and MSMEs in Parliament, potentially reshaping the tax landscape and small business framework …
Income Tax
India has updated its tax agreement with Sri Lanka to prevent revenue loss through treaty shopping and tax avoidance schemes. Here's how the changes …
Income Tax
The Income Tax department has released a comprehensive user guide for reporting foreign assets in 2026. Indian residents must accurately disclose all overseas holdings …