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

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

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%, aimed at boosting economic growth and easing ...

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

India has accused South Korea’s Kia of evading taxes of $155 million (Rs 1356 crore) by misclassifying component imports but ...

New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer ...

Latest income tax slabs 2025-26 after Budget 2025: FM Nirmala Sitharaman announced nil income tax for individuals earning up to Rs 12 lakh in Budget 2025. However for salaried individuals ...

Techie's hot take came as a reaction to a post by another X user who criticised high earners downplaying their privilege ...

Japan has called on India to exempt it from any temporary tax aimed at curbing rising steel imports, according to a source and documents, arguing the move would crimp supplies of high-grade ...

The CBI on Thursday conducted searches at 18 locations across the country after registering a case against an IRS officer and other officials of the Income Tax department who were allegedly sharing ...