One might have incurred some losses while selling assets, securities or properties in India. Such losses can be carried ...

Many are wondering whether they have to file ITR or Income Tax Returns after the Finance Minister Nirmala Sitharaman ...

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

Crypto traders in India could end up shelling out significant tax penalties if they don't report their gains in a timely fashion.

In terms of value, 84% of corporate filers contributed almost nothing to the total corporate tax collections of Rs. 7.16 lakh ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

India's Defence Research and Development Organisation (DRDO) has conducted additional flight trials of its very-short-range ...

Salaried individuals with an annual income of up to Rs 12.75 lakh will have zero tax liability under the new tax regime. But ...

Filing your Income Tax Return (ITR) is an important obligation for every taxpayer in India. However, if you miss this deadline, it’s crucial to understand the consequences, including potential ...

While most countries, such as the US, UK, Australia, Canada, the Netherlands and Germany follow the calendar year (January to ...

However, they must file if they meet certain income thresholds: Old Tax Regime (optional): NRIs must file ITR if their total income in India exceeds ₹2.5 lakhs in a financial year. New Tax ...

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...