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

Dubai: As the Indian government’s tax reforms on property sales continue to affect Non-Resident Indians (NRIs), concerns ...

In the amended income tax returns form to be submitted there should be allowance for showing and taking deduction for agriculture income (an example). So, India Income Tax authorities should be ...

The issue is whether the capital gains arising from the sale of Bitcoin ETFs should be subject to taxation under Section 115BBH, Section 50AA, or Section 112 of the Indian Income Tax Act, 1961. Getty ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...

The Income Tax department raided the homes and offices of producers linked to Pushpa-2 and Dil Raju in Hyderabad, probing potential tax evasion. The Income Tax department conducted raids on ...

That order reads as under:- “Order u/s 92CA(5) r.w. Sec 154 of the Income Tax Act. 1961 As apparent from the records ... The mere submission of replies on the letter head of EHSSIL also fails to ...

WASHINGTON, Jan 21 (Reuters) - U.S. Secretary of State Marco Rubio discussed with his Indian counterpart, Subrahmanyam Jaishankar, concerns related to "irregular migration" on Tuesday, the State ...

Net interest income rose to Rs 869.2 crore in Q3 against Rs 820 crore in Q3 of FY24. South Indian Bank stock slipped 5.55% to Rs 25.51 on Tuesday against the previous close of Rs 27.01 on BSE.

Earning abroad might feel like a financial win, but without knowing India's tax rules on foreign income, it could become a costly mistake. This guide unpacks how India's Income Tax Act treats your ...

New Delhi: The Indian government’s next attempt at tax reform must ... Together, though, the elite account for less than a fifth of income tax collections,” the piece reads. But the taxpayers stuck in ...

Some of those measures would rework state tax laws in an effort to shift taxes currently landing on residents’ homes to other types of property. One would offer an income tax credit to offset ...