The proposed profit attribution rules under India's income tax law seek to put in place an objective and balanced framework ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

The Orissa High Court ruled in favor of the petitioner, citing precedents from the Jharkhand High Court and its own past rulings. The court emphasized that since the government had already accepted ...

After a major budget that saw the FM making some crucial announcements regarding direct taxation in India, the New Income Tax ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

According to the CBI sources, from analysis of WhatsApp chats found from the personal devices of one of the accused persons D ...

The Union Cabinet on Friday approved the Income Tax Bill, a move aimed at simplifying taxation for the common man.

Reserve Bank of India’s decision to cut policy rate by 25 bps, coupled with income tax relief delivered in the Union Budget ...

The agency has booked nine people, including I-T deputy commissioner Vijayendran R and two department inspectors, apart from ...

CBI has registered a case against One Deputy Commissioner (IRS) (IT) & two Inspectors of Income Tax Department, five Chartered Accountants and one private person and unknown others on the allegations ...