The updated framework will cover crypto assets, central bank digital currencies and specified electronic money products.

Explains how the new Act replaces the 1961 law, simplifies drafting, introduces the “Tax Year” concept, and aims to reduce litigation and compliance ...

Many types of income in India are completely exempt from tax under the Income-tax Act, provided certain conditions are met.

The Income Tax investigation wing has launched a pan-India survey of approximately 70 restaurants suspected of sales suppression totaling Rs 700 crore. This action follows a Rs 70,000 crore probe into ...

Many types of income in India are completely exempt from tax under the Income-tax Act, provided certain conditions are met.

India’s crypto tax framework, introduced on April 1, 2022, is fully intact in 2026. Digital assets are classified as Virtual ...

Dividends automatically reinvested into additional shares often go unreported as employees assume no taxable income will ...

India’s Income-Tax Department found restaurants under-reported sales worth ₹408 crore after surveying 62 outlets across 46 ...

This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...

Check 10 completely tax-free incomes in India including PPF, Sukanya Samriddhi, agricultural income, tax-free bonds and ...

Non-citizens who are not domiciled in the US are subject to US transfer taxes only in limited situations.