In light of this directive from the National Board of Revenue, every taxpayer must now file their return through the platform ...

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load ...

Receiving festive gifts? Understand the Indian income tax rules to avoid penalties. Gifts from specified relatives (parents, ...

Understanding set-off and carry forward of losses can help you optimise tax payments and manage your finances better.

Reinvestment of gains on sale of stock can provide relief from taxation through certain provisions of the Income Tax Act.

ITAT Delhi dismissed Revenue's appeal against Satya Prakash Gupta regarding an addition of ₹1.61 crore for alleged bogus Short Term Capital Loss, as tax effect was below CBDT's monetary ...

Hundreds of thousands of federal workers may find themselves suddenly furloughed and without a paycheck. Here's what they should know to get by.

If you’re one of roughly 800,000 people across New York State, a check for as much as $400 may have landed in your mailbox in ...

Application of the public policy doctrine is not limited to where a criminally convicted person directly pays a fine or ...

ITAT Delhi ruled that a diary alleged to show undisclosed income cannot sustain a Rs. 27 crore addition, as it was not seized, lacked corroboration, and mere voluntary surrender by the assessee is ...

NRIs can claim capital gains exemption on reinvestment of share sale proceeds if certain conditions under the Income-tax Act ...

Finnish tech giant Metso to join Pakistan’s Reko Diq project, supplying mining tech, training locals, and boosting the country’s mineral sector growth.