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

These cross appeals are filed by the assessee and the revenue against the order of the Learned Commissioner of Income-tax (Appeals), Mumbai/National Faceless Appeal Centre, Delhi [hereinafter referred ...

The Government of India ... new tax regime is more beneficial for you. How to Opt for Old Tax Regime Currently, a taxpayer with income from a business or profession is required to file Form ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

No tax refunds was paid to 12 lakh Income Tax Return (ITR) filers for AY 2024-25 despite 3.94 crore verified ITRs claiming ...

Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...

Transfer pricing rules are designed to ensure that income from international transactions or certain domestic transactions is determined on the basis of an “arm’s length price” (ALP). This means that ...

In this week's letters to the editors, readers are still duking it out over the Alameda County treasurer's move to divest from Caterpillar.

The Union Government has brought forward the “National Policy Framework on Agriculture Marketing” (NPFAM) [ 1] trough which trying to bring back agenda & content of Three Black farm laws. The draft ...

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 post Budget 2025: Finance Minister Nirmala Sitharaman announced zero tax for individuals earning up to Rs 12 lakh in Budget 2025, with marginal relief for those ...