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

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 ...

In pay-out type FD like shown in the above table, no TDS will be deducted as the principal and interest amount will remain ...

Union government collects ₹100 in taxes, but ₹10-11 is collected as cesses, surcharges, and cost of collection.

Congress leader P Chidambaram criticizes the Union Budget 2025-26, calling it politically driven and neglecting the poor. He ...

India's banking and financial services sector is grappling with a range of issues, including high funding costs, asset ...

Congress leader P Chidambaram on Monday said the Union Budget 2025-26 is a “politically-driven budget” with Delhi elections in mind as it ignored the poor and bottom half of the population. Initiating ...

India's bankers expect the cost of money to be high, and the profit margins thin, at least until October unless the RBI takes ...

ITAT Bangalore held that reopening of assessment under section 148 after expiry of four years without failure on part of assessee to disclose fully and truly all material facts is invalid and hence ...

Congress leader P Chidambaram on Monday said the Union Budget 2025-26 was a 'politically-driven budget' with Delhi elections in mind as it ignored the poor and bottom half of the population ...

The Indian government is closely monitoring high-value financial transactions using data analytics and inputs from various ...

The Orissa High Court ruled in favor of the petitioner, citing precedents from the Jharkhand High Court and its own past rulings. The court emphasized that since the government had already accepted ...