Income Tax
The Indian government is set to introduce new Income Tax and MSME Bills in Parliament, potentially bringing significant reforms to taxation and small business …
Income Tax
India has amended its tax treaty with Sri Lanka to prevent tax avoidance through treaty shopping and ensure fair taxation of cross-border income, impacting …
Income Tax
The Income Tax Department has released a comprehensive user guide for reporting foreign assets in 2026, helping taxpayers comply with disclosure requirements for overseas …
Income Tax
If you sold shares, property, or cryptocurrency this financial year, understanding capital gains tax implications is crucial before filing your ITR to avoid penalties …
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 tax …
Income Tax
Section 44ADA offers a simplified tax regime for eligible professionals, allowing them to declare 50% of gross receipts as income without maintaining detailed books …
Income Tax
The Income Tax Department has started displaying foreign asset information on the taxpayer portal, enhancing transparency and compliance. Here's a step-by-step guide to view …
Income Tax
The government is set to introduce several legislative measures in the upcoming Monsoon Session of Parliament, targeting reforms in income tax, MSME sector, and …
Income Tax
Finance Minister Nirmala Sitharaman has unveiled PRARAMBH 2026, a new income tax department initiative aimed at improving taxpayer services and streamlining compliance procedures ahead …