While the Income Tax Act 2025 replaces the existing six-decade-old Income Tax Act, 1961, taxpayers are unlikely to see any immediate changes in tax slabs or rates.

New Income Tax Rules, 1962, mandate banks to gather extensive details on account holders and controlling individuals. This includes self-certification status, joint account specifics, and the nature ...

India's tax structure is becoming more progressive, with direct taxes accounting for 58.5% of total collections in FY25.

GSTAT concluded that elimination of entertainment tax and other levies reduced the effective tax incidence, requiring suppliers to pass on the benefit to ...

The amended double taxation avoidance agreement removes France’s most-favoured-nation status for tax treaty benefits ...

India and France have signed a protocol to amend the Double Taxation Avoidance Convention (DTAC), in an effort to boost tax ...

Exercise authority with humility, restraint: President Murmu to Income Tax officers ...

The Punjab government announced the Mukhyamantri Maavan-Dhiyan Satkar Yojana, offering Rs 1,000 monthly to eligible women and Rs 1,500 to SC women ...

ICAI CA Final Result 2026 OUT today March 1. Download scorecard from icai.nic.in. Direct link, steps to check, toppers list, ...

Taxation in India is the primary tool for the government to generate revenue, which is subsequently used for infrastructure development, social welfare, and national security. The system is a ...

From reactive battles to probabilistic, data-driven strategies, the next decade of tax litigation is being reshaped by ...

India and France have amended their Double Taxation Avoidance Convention, removing the MFN clause and revising rules on ...