Notably, taxpayers can claim exemption for HRA along with the interest on home loan under the old tax regime in the same year ...

The Central Board of Direct Taxes (CBDT) notified that any expenditure incurred to settle proceedings initiated in relation ...

Luxury items priced over Rs 10 lakh will incur a 1% Tax Collected at Source (TCS) from April 22, 2025, aimed at enhancing ...

Summary: The Indian government has expanded the scope of Tax Collected at Source (TCS) under Section 206C(1F) of the Income-tax Act, 1961, to include certain luxury goods. This provision, initially ...

Under the old tax regime, individuals and businesses could claim a variety of exemptions and deductions—such as house rent ...

Going forward NRIs may not be subject to capital gain tax. Here’s the judgement of the Mumbai Income Tax Appellate Tribunal ...

Discover smart and legal ways to save tax in India with deductions, exemptions, and investment tips under the Income Tax Act.

If you're an NRI in a country with a favorable DTAA, your gains from Indian mutual funds may not be taxed in India. Here's ...

Learn about the newly launched e-Pay tax feature that allows you to pay taxes online without logging in. Get to know more ...

The current tariff war is making it difficult to gauge the direction of the dollar. Returns of NRI’s who have been investing ...

The change proposed by the Income Tax Bill 2025 in terms of removal of nil TDS certificates has both positives and negatives ...