The upcoming Union Budget 2025-26 is poised to introduce significant changes to India's tax landscape, aiming to simplify ...

Taxpayers must note that the deadline for filing a belated income tax return or submitting a revised return for the ...

According to a report, Union Finance Minister Nirmala Sitharaman is set to announce an overhaul of the Income Tax Act of 1961 ...

At present, small tax-payers with special rate income such as short-term capital gains are unable to claim the rebate under section 87A, even if their income is below the basic exemption limit, as the ...

Not filing an ITR on time can have numerous consequences, from penal interest and late fees to possible jail time. Meanwhile, if you file your return within the period for filing a belated return and ...

Andhra Pradesh's government has unveiled its vision for Swarna Andhra Pradesh 2047, emphasising advances in deep tech and transforming Visakhapatnam into a global data hub.

WWE 2K 25 was teased during the first RAW live on Netflix as Roman Reigns walked backstage. Following the reveal of the WWE ...

ITAT Surat held that addition under section 68 of the Income Tax Act deleted since appellant has satisfactorily explained the nature and source of the credit. Accordingly, appeal allowed and addition ...

In the matter abovementioned ITAT deleted addition made on account of undisclosed cash deposits during demonetization period after observing that assessee has substantiate means of income for ...

Budget, FM Sitharaman implemented various modifications to the capital gains framework, tax deducted at source (TDS), and ...

India's government is set to simplify income tax filing rules to reduce disputes, streamline processes, and make tax ...

Long-term capital gains tax on jewellery can be exempted if the sale proceeds are reinvested in a residential house within a ...