Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for ...

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

The Institute of Chartered Accountants of India (ICAI), which briefed the panel at its first meeting on March 6, has opposed any changes to the definition ...

If everyone—citizens, businesses, policymakers—embraces digital reforms and builds a culture of tax compliance, India can break free from this cycle. No more loopholes. No more black money. Just a ...

WHY TO INCLUDE COST ACCOUNTANT IN ACCOUNTANT DEFINITION OF THE INCOME TAX ACT/BILL . 1. Introduction. Before delving into the ...

The Government of India is preparing a concept paper aimed at delineating the future of virtual digital assets (VDAs) within ...

Sources said the new provision under Section 247 of the I-T Bill to override the access code of a virtual digital space is ...

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

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

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 ...

The Institute of Cost Accountants of India (ICMAI)-Hyderabad chapter has urged the Central government to include cost accountant in the definition of ‘accountant’ in the Income Tax Bill 2025 as they ...

Real wages for salaried jobs in India stagnate due to lack of demand, skills, and investment, impacting economic growth.