Income Tax
The government is set to introduce key legislation on income tax and MSME reforms in Parliament, potentially reshaping the tax landscape and support framework …
Income Tax
India has updated its double taxation avoidance agreement with Sri Lanka to prevent tax evasion and ensure proper revenue collection. The amendments include stricter …
Income Tax
The Income Tax Department has released a comprehensive user guide for reporting foreign assets in 2026. Here's what taxpayers need to know about declaring …
Income Tax
Capital gains from selling shares, property, or cryptocurrency attract different tax rates and holding period rules. Understanding these nuances is crucial for accurate ITR …
Income Tax
The Income Tax Appellate Tribunal has granted relief to SGS India by ordering a refund of excess Dividend Distribution Tax and capping the rate …
Income Tax
Section 44ADA offers presumptive taxation for professionals, simplifying compliance by allowing them to declare 50% of gross receipts as income. Here's everything you need …
Income Tax
The Income Tax Department has made foreign asset information accessible through the compliance portal, allowing taxpayers to view and verify their overseas holdings directly …
Income Tax
The government is set to introduce five significant bills during the Monsoon Session of Parliament, covering areas from income tax reforms to MSME sector …
Income Tax
Union Finance Minister Nirmala Sitharaman has launched PRARAMBH 2026, a comprehensive initiative aimed at transforming India's tax administration and enhancing taxpayer services ahead of …