SC Ways and Means Chairman Bruce Bannister's bill cuts taxes by $400 million in year one, reducing top rate from 6.2% to 5.39 ...

Rule 12(ca) is also modified to include assessees with such capital gains along with income computed under sections 44AD, ...

A Q&A on the potential 2026 estate, gift, and generation-skipping transfer (GST) tax changes and how counsel should approach ...

Cuttack: Orissa high court has held that income of individual legal practitioners is exempted from service tax levy, while ...

Introduction: It has been seven and a half years since GST was introduced in India . Despite several Circulars and Press releases issued by the Authorities, there are a few misconceptions in ...

A Bengaluru professor has made a case for taxing the IPL, saying the billions generated by the cricketing extravaganza could ...

WASHINGTON—President Trump keeps suggesting that tariffs can replace income taxes for most Americans. One big problem: The ...

There has been a tremendous increase in the number of income tax notices issued to taxpayers in India in recent months. These ...