Income Tax
India has revised its tax treaty with Sri Lanka to prevent tax avoidance and ensure fair revenue collection. The amendments introduce stricter provisions to …
Income Tax
The Income Tax Department has released a comprehensive user guide for declaring foreign assets in 2026. Here's what Indian taxpayers need to know about …
Income Tax
If you sold shares, property, or cryptocurrency this financial year, understanding capital gains tax rules is crucial before filing your income tax return to …
Income Tax
The Income Tax Appellate Tribunal has ruled in favor of SGS India, ordering a refund of excess Dividend Distribution Tax and capping the rate …
Income Tax
Section 44ADA offers a simplified tax regime for eligible professionals, allowing them to declare 50% of gross receipts as income. Understanding the latest rules, …
Income Tax
The government is set to introduce several significant legislative measures in the upcoming Monsoon Session of Parliament, covering income tax reforms, MSME support, and …
Income Tax
Filing your income tax return is only half the job done. Without e-Verification within 30 days, your ITR remains incomplete and may be deemed …
Income Tax
Indian taxpayers can now view their foreign asset holdings in the Annual Information Statement (AIS) portal before filing income tax returns, making compliance easier …
Income Tax
Union Finance Minister Nirmala Sitharaman has launched PRARAMBH 2026, a new initiative by the Income Tax Department aimed at transforming taxpayer services and modernizing …