“Under the original draft of the Income-tax Bill, 2025, the interest for shortfall in payment of advance tax was prescribed ...

This guide addresses common income tax queries, including the responsibilities of a legal representative for filing the last ...

Advance tax is generally payable by individuals, companies, and other entities with a tax liability of Rs 10,000 or more in a ...

The new Income Tax Bill, 2025, signifies a much-needed reform in the direct tax system, replacing the more than ...

She believes that the complications would continue until both the tax regimes (old and new) are merged. She also recommends ...

File ITR now to report income from Dream11, Rummy, others real money gaming apps or risk tax notice and likely prosecution ...

Second homes differ in financing, taxes, and expenses, so planning ahead and understanding regulations is key to a smart ...

From “no tax on tips” to the $6,000 “senior bonus,” state lawmakers are integrating components of the One Big Beautiful Bill ...

ITR-7 for AY 2025-26 has significant changes. Learn about the new reporting rules for trusts and non-profits, including donor disclosures and capital ...

Gross income is your total earnings before taxes or deductions come out — it’s what you make, not what you take home. Whether you’re budgeting, filing taxes or applying for a loan, it’s ...

All the details you want on the updated ITR-U filing. Learn how to utilize the new 4-year filing window and the ITR-3 and ITR ...

Clause 22 now specifies that homeowners can claim a flat 30% standard deduction on the annual value of a residential property ...