Income Tax
An Allahabad High Court judge has filed a petition challenging the denial of tax exemptions on statutory allowances under the new income tax regime, …
Income Tax
The government has lined up seven crucial bills for the Monsoon Session of Parliament, with income tax reforms and MSME sector changes taking center …
Income Tax
With tax filing season approaching, Indian taxpayers face a critical decision between the old and new tax regimes. Understanding the key differences, benefits, and …
Income Tax
India's tax tribunal ruled that British Airways cannot claim treaty benefits on income from ground handling services provided in India, setting a precedent for …
Income Tax
The government is set to table five significant bills in the upcoming Monsoon Session of Parliament, covering income tax reforms, MSME regulations, and other …
Income Tax
Form 16 is essential but not infallible. Here are seven crucial verifications every taxpayer should perform before filing their Income Tax Return to avoid …
Income Tax
The Income Tax Department is preparing to show taxpayers the foreign income and asset information it has collected from international sources, promoting transparency and …
Income Tax
The Income Tax Department's Annual Information Statement now displays foreign asset details, helping taxpayers ensure accurate reporting and compliance ahead of the filing deadline.
Income Tax
The popular meal voucher tax exemption has undergone significant changes. Understanding why this benefit may not appear in your current income tax return can …