Donors are eligible to claim deductions for the medical insurance premiums they pay for themselves and their dependents, and ...

Finance Minister Nirmala Sitharaman on Thursday introduced the new Income Tax Bill 2025 in the Lok Sabha. After being introduced in the Lok Sabha, it has been sent to the Select Committee for review.

The new Income Tax Bill 2025, which is likely to be tabled in the Parliament on February 13, aims to simplify the terminology ...

While the government believes Skoda Auto Volkswagen India used the Nadin enterprise software to circumvent tax laws, the ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

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: ...

The amendment affects the Amalgamations and business reorganisations effected after 1 st April, 2025, then the date of effect would be the appointed day or the effective day. In case where the ...

Discover the new tax exemption for IFSC-issued life insurance policies under Section 10(10D). Learn who benefits, key changes ...

India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

NRIs must navigate common pitfalls like delays in KYC compliance and avoid mistakes such as focusing solely on tax-free instruments, trusting unregulated participants and skipping estate planning or ...

The Union Budget for 2025-26 presented by Finance Minister Nirmala Sitharaman has  been a strategic masterstroke aimed at revitalizing India’s economy. The first step in this  direction is the ...

The ongoing New Delhi World Book Fair (NDWBF) will be closed on Wednesday on account of the assembly elections in the ...