With the introduction of the new tax regime, several deductions/exemptions under the Income Tax Act, 1961 have lost much of ...

The gold price produced by PT Aneka Tambang, commonly known as Antam gold, was recorded at Rp2,596,475 per gram in trading ...

The Delhi High Court has held that ignorance of Indian tax laws doesn't constitute “genuine hardship” to condone delay in ...

A one-time billionaire wealth tax won’t trigger an exodus—decades of economic evidence show that exit is rare.

ITAT remanded a ₹2.90 crore s.54F deduction case, allowing the assessee to furnish complete documentation and have the claim re-examined on ...

Europe issuing carbon border tax, toy safety regulations and revised origin standards, US ending energy incentives and ...

Explains why TCS under section 206C(1G) applies to overseas remittances and tour packages. The key takeaway is that TCS is a reporting mechanism, adjustable or refundable, not a final tax ...

Data mismatches flagged via AIS, TIS, Form 16/26AS and bank records.80G in focus: Donation claims now cross-verified with ...

I’m sometimes asked about what the tax laws are with regard to charitable deductions. Do our governments allow a tax benefit for donations to charitable organizations such as the Tax Foundation of ...

Changes in insurance, family law, housing rules, immigration and residence, and far more will all affect your daily life next ...