The New Income Tax Act, 2025, effective April 1, 2026, replaces the 1961 Act. Key changes: PAN for high-value transactions, ...

Advance tax means paying your income tax in instalments during the financial year, instead of paying the entire amount while ...

A parliamentary panel has urged a major shift in the Income Tax Department’s litigation strategy, recommending an expert ...

Courts have held that lump-sum alimony received under a divorce settlement is a capital receipt outside the scope of taxable ...

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.

According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and align the tax framework with current economic realities. Several key ...

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

The Income Tax Department has advised taxpayers to disregard certain emails regarding the Advance Tax e-Campaign for AY 2026-27 after reports emerged that some messages contained inaccurate ...

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

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.

Indian taxpayers earning foreign income must file Form 67 by March 31, 2026 to claim foreign tax credit for FY 2024–25. Learn who must file and how to comply.