Mumbai: Denying bail to income tax inspector Tanaji Adhikari, arrested in 2023 Rs 264 crore money laundering case, a special ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

Reliance Industries record-breaking performance not only shows its contribution in India’s corporate sector but also reflects ...

This is where the income tax relief may help the BJP override that factor that dented its prospects in 2020. According to the ...

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament on Saturday. She announced no income tax on income up to Rs 12 lakh and introduced initiatives to boost MSMEs, ...

By 2023-24, that share went up to 63% ... The top 1% of ITR filers pay 50% of the total personal income tax collection of India, while the top 9% pay 87% of the total tax, highlighting significant ...

Dubai’s tax landscape is a major draw for individuals and businesses, offering significant financial advantages while ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Total Revenue Impact for FY 2023-24 is projected revenue impact. (ii) The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 Crores. In ...

The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all taxpayers. A hike in the income tax basic exemption limit means all ...

India’s net direct tax collection, comprising mainly corporate tax and personal income tax, jumped by 14.69 per cent to cross ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...