Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

The New Income Tax Bill is likely going to be introduced by Finance Minister Nirmala Sitharaman in the Lok Sabha today. There ...

Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Bombay High Court heard a petition filed by Hiralal H. Malu, the legal representative of his late wife, Shakuntala Malu, regarding the return of seized jewelry. The Income Tax Department had seized ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

According to the CBI sources, from analysis of WhatsApp chats found from the personal devices of one of the accused persons D ...

The Union Cabinet on Friday approved the Income Tax Bill, a move aimed at simplifying taxation for the common man.

Undisclosed foreign income/assets: Taxpayers will be liable to a penalty of three times the amount of tax that would have ...

Reserve Bank of India’s decision to cut policy rate by 25 bps, coupled with income tax relief delivered in the Union Budget ...

The agency has booked nine people, including I-T deputy commissioner Vijayendran R and two department inspectors, apart from ...

The central agency conducted searches in Delhi, Mumbai, Thane, West Champaran (Bihar), Bengaluru, Kottayam (Kerala), etc in which incriminating documents.