The upcoming Income Tax Bill will redefine tax residency criteria, affecting Non-Resident Indians (NRIs) earning Rs 15 lakh ...

The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate ...

Harmonisation of Significant Economic Presence applicability with Business Connection Section 9 of the Act provides for income which shall be deemed to accrue or arise in India. Clause (i) of section ...

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert ... support to the spouse who makes a lower income, or in some cases, no income at all.

One of the key updates is the replacement of the term "assessment year" with "tax year”, aiming to simplify taxpayer understanding.

We feel reforms should be undertaken under affordable housing units and projects, introducing credit guarantee schemes, ...

India reassesses crypto regulation amid global adoption but maintains existing crypto tax structures and delays the discussion paper.

Affordable housing has been the focus of India's real estate policy in recent years. However, the absence of certain provisions from the Income Tax Act, such as Section 80-IBA, has stunted its ...

On his first day in office, among the numerous Executive Orders (EO) released, President Donald Trump announced the America First Trade Policy ...