India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, from April 1, 2026. This will replace the nearly six-decade-old Income Tax Act ...

Draft Income tax rules and forms out: As CBDT released its new draft income tax rules and forms, now taxpayers will also be ...

Explains why U.S. citizens and resident aliens must report global income and how exclusions apply. The key takeaway is that living abroad does not remove U.S. filing ...

The government has invited stakeholders to review and provide feedback on the proposed Income Tax Rules and Forms ...