Income Tax
The government is set to introduce new Income Tax and MSME Bills in Parliament, potentially bringing significant changes to tax administration and support for …
Income Tax
India and Sri Lanka have revised their double taxation avoidance agreement to incorporate anti-abuse provisions, aiming to prevent treaty shopping and ensure tax revenues …
Income Tax
The Income Tax Department has published a comprehensive user guide to help taxpayers report their foreign assets and income correctly. Here's what you need …
Income Tax
If you sold shares, property or cryptocurrency in the last financial year, understanding capital gains tax rules is crucial before filing your income tax …
Income Tax
The Income Tax Appellate Tribunal has ruled in favor of SGS India, ordering a refund of excess Dividend Distribution Tax and limiting the tax …
Income Tax
The government is set to introduce several key legislative bills in the upcoming Monsoon Session of Parliament, covering income tax reforms, MSME support, and …
Income Tax
The Income Tax Department has made foreign asset information visible on the income tax e-filing portal, allowing taxpayers to verify their overseas holdings. Here's …
Income Tax
Section 44ADA offers a presumptive taxation scheme for specified professionals, allowing simplified compliance with minimum tax liability on gross receipts.
Income Tax
Filing your income tax return is only half the job done. Without e-verification within 30 days, your ITR remains incomplete and you may face …