Presenting the Union Budget 2026–27 in the Lok Sabha, FM Sitharaman said all direct tax changes proposed in the Budget would ...
Budget 2026 tax changes for NRIs explained by a CA, covering overseas income exemption, residency rules, property sales, ...
Instead of headline tax cuts, the Budget delivered relief through transaction-level reforms. The most notable move was the reduction in TCS rates on overseas travel and remittances for education and ...
The issue is the absence of a precise statutory definition of income. Courts have expanded its meaning to cover all real economic gains unless specifically ...
Exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to 31 August, key updates for individual taxpayers ...
India is set to witness one of the most significant tax reforms in decades. Starting April 1, 2026, the Central Government ...
Under the Income Tax Act (ITA), 2025, the government has renumbered most sections without materially changing the core philosophy of the current Income Tax Act, 1961.
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New income tax rules: From this day on, all tax accounting will change! These 4 major changes have been made in the new income tax law.
New Income Tax Act: A major chapter is about to be added to India's tax history. The central government has decided to consign the 64-year-old Income Tax Act, 1961, to the pages of history. A ...
This article explains how residential status governs whether global income or only Indian income is taxable. It clarifies the classification rules for individuals and companies under Indian tax ...
In her 85-minute-long Budget speech, Finance Minister Nirmala Sitharaman focused on growth, jobs and long-term reforms. She stated that this year’s Budget was built around three ‘kartavyas’ — ...
The Indian government’s tax authority has fixed a security flaw in its income tax filing portal that was exposing sensitive taxpayers’ data, TechCrunch has exclusively learned and confirmed with ...
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