Taxpayers are receiving emails from the Income Tax Department about 'significant transactions' and potential shortfalls in ...

The Netherlands plans to tax unrealized investment gains from 2028. India’s experience with punitive wealth and income taxes ...

The final advance tax payment deadline for FY 2025-26 is 15 March 2026. Payments can be made via the e-filing portal, including credit cards, which may incur fees. Details here.

Jaipur: Disabled war veterans across India have condemned a Budget decision to impose income tax on War Disability Pension ...

Returning NRIs must understand RNOR to ROR tax transition, Schedule FA disclosure, foreign income reporting, and FEMA rules to avoid costly mistakes in first Indian tax return.

Income tax on pension is added to total income and taxed under slab rates. Payout structure, annuity income, and retirement planning affect post-retirement cash flow.

From rules on TDS and TCS to pension reforms, ITR deadline extension for certain categories and new tax exemptions, one must be aware of these key changes from April 1.

There is something quietly radical about the power to conduct a tax raid. It bypasses the ordinary rules of legal engagement.

The department said that the emails were meant only as facilitative reminders to help taxpayers review financial information.

Dividends automatically reinvested into additional shares often go unreported as employees assume no taxable income will ...

The new legislation reorganizes provisions related to return processing, scrutiny assessments, and reassessment of escaped income. It simplifies drafting while largely retaining the existing ...

The Income Tax Department has launched a nationwide verification drive to check whether restaurants have under-reported sales ...