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 ...

Industry leaders say India’s complicated customs process and GST levies are deterrents for traders to come to Surat for ...

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

President Droupadi Murmu on Tuesday said that tax officers must exercise authority entrusted to them with humility, restraint and with an unwavering commitment to constitutional values. Addressing a ...

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

The Tribunal held that once the High Court quashed the reassessment for being based on a change of opinion, the additions made in those proceedings could not ...

This article is authored by Mahadeo Jaiswal, founding director, IIM Sambalpur and Arvind Gupta, head, Digital India Foundation.

Against this backdrop, endowment plans still exist for one simple reason. They force you to save when discipline does not ...

The Punjab government's new financial aid scheme excludes income tax-paying women and government employees from receiving monthly cash support.

The central government may delay retail fuel price hikes as it seeks to avoid voter backlash ahead of key state elections while global crude prices remain volatile India may adopt a cautious approach ...