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.

Now banks and financial institutions will collect and report more detailed information from you under amended Income Tax Rules, 1962; Know how it impacts you ...

Cryptocurrency gains in India are taxed at 30% with 1% TDS under the VDA regime. Budget 2026 strengthens reporting rules, making accurate disclosure and reconciliation in ITR essential for ...

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

Buying a second property while still repaying your first home loan is possible in India, but banks look closely at your income, existing EMIs and repayment capacity before approving it.

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) ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

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 ...