The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

Revenue from passport fees increased by Rs. 13.81 billion, with total collections amounting to Rs. 39.54 billion ...

NRIs who opt for the new tax regime may get some benefits, but they are not eligible for the Section 87A rebate ...

Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of ...

The tariffs President Donald Trump threatened against Canada, Mexico and China over the weekend roiled financial markets but ...

Tax free maturity proceeds for all ULIPs, money-back and other insurance policies only if non-residents buys it from IFSC by ...

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...

The AHA calls on Congress to reject changes to states’ use of provider taxes, which help fund their Medicaid programs.

Neveah Limited, an Indigenous commodities export company, has announced the imminent commissioning of its state-of-the-art aluminium and copper recycling plant in Ogun State, Nigeria.These ...

Among the benefits that investors can hope to realize by utilizing ETFs within their portfolios, tax efficiency is one most ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), ...

In exercise of the powers conferred by section 295 read with clause (47) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...