Critics say government’s efforts to simplify system and cut red tape are going in reverse; ‘popcorn is popcorn’ ...

Critics say government’s efforts to simplify system and cut red tape are going in reverse; ‘popcorn is popcorn’ ...

Finance Minister Nirmala Sitharaman will introduce a new Income Tax Bill next week, modelled on the Direct Tax Code. The aim ...

Taxpayers will be able to claim nil valuation for two self-occupied properties instead of one. The reform will promote ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

Almost all finance ministers of India have faced ... actually paying income taxes. It's true that the number of tax returns filed by individuals has more than doubled, from 3.35 crore in 2013-14 ...

Budget 2025 is expected to provide a much-needed boost to overall consumption, which could indirectly benefit the thriving ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system ... India has a per capita income of around $2,500 ...