India has different slabs for people under 60, senior citizens (60-79), and super seniors (80 and above). For example, if you ...

Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...

The move to a new ‘high spec’ hub is slated for 2026; in other news, India reassesses its pillar two participation following ...

India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

ITAT Delhi remanded the issue back to file of AO to re-compute disallowance under rule 8D (2) (ii) of the Income Tax Act by taking those investment which give rise to exempt income @1% of average ...

(ii) The Assessing Officer failed to appreciate that as per the DTAA, gains in respect of shares acquired post 4.2017 are taxable as per the Act and that these are the only losses which are carried ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

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

Riding on Rohit Sharma's 119, India chased down England's 304 with 33 balls to spare and four wickets in hand. India thus win ...