As per the notice, which is in possession of PTI, the amount is to be paid within 30 days of service to an authorised bank.

The currently applicable 'Income Tax Rules, 1962' had a total of 511 rules and 399 forms.

Tax department releases draft Income Tax Rules, 2026; Rule 57 of draft rules tell how fair market value of assets like ...

The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week ...

Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...

India is set to witness one of the most significant tax reforms in decades. Starting April 1, 2026, the Central Government ...

With Budget 2026 approaching, income tax slabs are back in focus for salaried and middle-income taxpayers. While major rate changes are unlikely, understanding the current slab structure is crucial to ...

The issue was how cryptocurrency income is classified for tax purposes. The framework holds that transfers fall under a dedicated VDA regime with a flat rate and strict loss ...

The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...

Celina brother's case: HC asks MHA to facilitate interaction Vikrant Kumar Jaitly has been detained in the UAE for over a year. He had served in the Indian Army and on a UN peacekeeping mission in ...

Income Tax Department unveils new Income Tax Act, 2025 rules with simpler returns, higher exemptions, and streamlined compliance for taxpayers in India.

India's tax authorities are investigating Apple, Google, and Amazon, over accounting practices, and is considering a $600 million demand for each. In a similar move to how the US IRS presented ...