The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

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

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

Budget 2025 extends the period for filing updated income tax returns from 24 months to 48 months. Taxpayers will now face ...

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

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 ...

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

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

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

The Union Budget 2025-26, which Prime Minister Narendra Modi said was designed for the common man, gave relief to the middle ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...

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