Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

Proceedings for adjustment of refund to outstanding demand u/s 245 (1) of the Income tax Act, 1961 are pending. Proceedings ...

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 ...

Union finance minister Nirmala Sitharaman announced that no income tax will be payable on income up to ₹12 lakh.

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

While social media is buoyed over Sitharaman's announcements, a question everyone is asking on the internet: Do we still need to file an Income Tax Return (ITR) even if our taxable income is zero?

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

Raipur: The recent encounter between the security forces and Maoists in a forest in Gariaband district in Chhattisgarh has ...