CBDT amended Income-tax Rules to include crypto-assets and digital financial products in CRS reporting. The move expands disclosure obligations for financial institutions and enhances tax ...

The Income-tax Rules, 1962 have been amended by the Central Board of Direct Taxes (CBDT) in a notification dated March 5, 2026.

Explore Nigeria’s 2025 tax reforms, digital asset taxation, and NRS income-tracking powers under data protection laws, with ...

The rule applies to individuals, professionals, freelancers, and businesses whose total tax liability exceeds ₹10,000 after accounting for tax deducted at source (TDS) or tax collected at source (TCS) ...

Council tax support (CTS) is a benefit that assists the poorest households in paying their council tax, by providing a reduction on their bills. It operates separat ...

Tax-saving fixed deposits from banks and the National Savings Certificate offered by India Post are commonly chosen by ...

Subscribers of PPF, SSY, and NPS schemes must complete all financial year-end compliances and investments by March 31. To avoid account inactivation and maintain tax benefits, ensure minimum deposits ...

Discover how the South African government is tightening tax regulations to prevent high-net-worth individuals from exploiting donations tax exemptions. This article explores the implications of the ...

Plus: “No tax on tips” gets more complicated, Taxing Social Security benefits, tax season filing statistics, Taxes From A to ...

With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.

Residential status under Section 6 determines whether a taxpayer is liable for global income or only Indian-source income. The rules classify taxpayers as Resident, RNOR, or ...

The Draft Income Tax Rules 2026 propose a significant overhaul of tax-exempt allowances for salaried individuals, potentially reshaping the old vs new tax regime debate. Higher limits for education, ...