Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

India's finance ministry has proposed extending the deadline for updated tax returns from two to four years to encourage ...

The finance minister has announced an increase in the tax rebate under Section 87A to Rs 60,000 from Rs 25,000 under new tax ...

The IT department conducted raids on premises linked to the IIFL Group for suspected tax evasion. Major entities involved ...

An internal committee of India's Income Tax Department, guided by suggestions for simplification and structural improvement, is paving the way for a new tax law. The proposed changes, inspired by ...

The Income Tax Department has revoked The Reporter's Collective's non-profit status. As per the IT department, TRC's ...

The backlog of income tax disputes in India has reached alarming levels, with over 74% of the total tax demand under ...

Question: I have earned some income in India that will require me to file a tax return. I am worried that once I do so, I ...

This article discusses some of the key amendments that may be introduced in the upcoming budget to achieve the Finance ...

You can calculate your income tax using the Tax Calculator on the Income Tax Department's official website ... "Today is an important milestone in India's development journey.

The FM emphasised that the new Income-Tax Bill will uphold the spirit of “Nyaya” (fairness). An immediate test lies in how ...

India’s reported stance to review the crypto framework follows the change in regulatory and policy climate in the US towards ...