In Nirmal Kumar Agrawal v. ACIT, the Nagpur ITAT observed that gold jewellery commonly includes ornaments containing diamonds or precious…
Taxation and Other Laws (Amendment) Bill, 2026: The proposed Bill introduces fresh tax exemptions for foreign investors investing in Indian…
The Lok Sabha has been adjourned till 12:30 pm. The PM did not mention the CJP protests in his address…
Many taxpayers think filing an ITR is necessary only when taxes are payable. Experts say that is a costly misconception.…
From company-paid rent and office cars to gifts and club memberships, several salary perks that employees often ignore can now…
From April 1, 2026, new Income-tax Rules will change how salary perks, employer housing, car benefits, loans and gifts are…
Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has proposed…
The draft Income-tax Rules, 2026 clarify that Leave Travel Concession (LTC) exemption will continue largely unchanged under the new Income…
Budget 2026 tax changes for NRIs explained by a CA, covering overseas income exemption, residency rules, property sales, foreign asset…
While the new Income-tax Act, 2025 has already been passed, these rules are crucial because they explain how the law…
Budget 2026 rewrites key prosecution provisions under the new Income Tax Act, replacing harsh jail terms with graded penalties while…
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined…
From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and…
From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025.…
As Union Budget 2026 approaches, taxpayers are watching closely for signals on tax reforms, faster refunds, and easier compliance. With…
A viral social media claim has sparked fears that income tax officials will gain access to emails, social media accounts…
India is about to witness the biggest overhaul in its income tax system in more than six decades. From April…
The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act,…