The ICAI has proposed a reduction in the number of sections in the bill by 90 to 100 from the current total of 536.

The new Income Tax Bill 2025 aims to simplify tax laws, modernize definitions, and clarify taxation policies for individuals, ...

A meeting of the Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, to ...

The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for ...

Khan's UK earnings were taxed in the UK, and India's DTAA with the UK allowed him to offset this tax against his Indian ...

Here is a list of 7 best tax-saving investment options in India, by investing in which you can save tax and lay the ...

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

Post Office Savings Schemes in India offer secure investment options with assured returns and tax benefits under Section 80C ...

INTRODUCTION There are a few popular beliefs in India that agricultural income is completely exempt from tax. While this holds somewhat true, the reality is ...

Any rent or revenue derived from land which is situated in India and is used for agricultural purposes Thus, rent or revenue may be agricultural income if: (iii) the land is used for agricultural ...

India is one of the early adopters of Common Reporting Standards (CRS) and has been receiving data since 2018 for the ...

Actor Shah Rukh Khan has won a significant victory against the Income Tax authorities in his dispute over foreign tax credit ...