An NRI faced a tax addition of ₹56.15 lakh after buying property in India when the tax department questioned the source of funds. However, the ITAT Ahmedabad deleted the addition after verifying that ...

Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

Opinion: India's Budget 2026–27 signals the government's strategic intent to attract foreign capital, secure supply-chain ...

Bengaluru techie with two job offers is deciding between a Rs 38 LPA job in India and a Rs 5 lakh monthly role in Dubai. He ...

HYDERABAD: Economist and former deputy chairman of Planning Commission Montek Singh Ahluwalia has suggested that the states impose a tax on agriculture.He said: ...

This SOTU comes at a time when Trump’s approval ratings have taken a heavy beating, and the Republican Party (to which Trump ...

As India prepares to roll out the new Income-tax Act and Draft Income-tax Rules from April 1, 2026, experts say the changes ...

The Invalided Out: If a soldier is discharged early because a medical board decides they are unfit for further service, their entire pension remains tax-free. This acknowledges a career that was cut ...

An NRI man earned Rs 44 lakh salary abroad and deposited it in his NRE account. The Income Tax Department issued a notice, but the Income Tax Appellate Tribunal (ITAT) Ahmedabad ruled in his favor.

ITAT Indore held that Section 249(4)(b) does not apply in reassessment proceedings where no advance tax obligation arises. The dismissal of appeal without examining merits was set aside and the matter ...

Planning to buy property abroad? Learn the rules, remittance limits, and tax implications for Indians investing in overseas real estate.

With this explainer, we peel back the layers of the scam, a massive operation where around 27 per cent of all sales were suppressed.