The Kerala High Court has held that the State Bank of India (SBI) cannot be treated as an 'assessee in default' under Section ...

Explore the latest NRI capital gains tax rules under the Finance Act, 2025, including rates, asset classifications, and strategies to minimize liability through exemptions and ...

Explains how income from freelancing and content creation is classified, taxed, and regulated under major Income Tax Act ...

Indian Overseas Bank will receive an income tax refund of ₹835.08 crore for AY 2022–23 after the tax department issued an ...

Debjyoti Das, Principal Chief Commissioner of Income Tax, on Tuesday highlighted the enactment of the Income Tax Act 2025, effective from April 1 2026, which promises a simplified, cohesive and ...

India's Income Tax Act 2025, effective April 1, 2026, simplifies tax compliance, expands the tax base, and modernizes laws by ...

The Income Tax department has warned taxpayers who have not disclosed their foreign income and overseas assets to revise ...

From April 2026, a new Income Tax Act will replace the complex 1961 law, promising simpler rules, easier filing and fewer ...

The Supreme Court ruled that tax deduction at source on remittances to non-resident entities cannot exceed 10% as per Double ...

Income Tax department alerts taxpayers to revise ITRs for undisclosed foreign assets by December 31, 2025, to avoid penalties ...

The Madras High Court has held that payment for IPLC (International Private Leased Circuits) Services does not constitute ...