Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026 in the Lok Sabha, marking her ninth consecutive Budget and bringing her closer to the record of 10 Budgets presented by ...
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...
Booking.com platform earning of commission income is not taxable in India since AO has failed to discharge the onus of establishing assessee having fixed place PE in India. Accordingly, final ...
The Offering was completed pursuant to an underwriting agreement dated February 4, 2026 entered into among the Company and the Underwriters. The Company paid the Underwriters a cash fee of 5% of the ...
Following RBI's August 2024 guidelines, P2P lending platforms now offer greater transparency and investor control, stripping ...
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ITR Filing 2025: Income Tax Department Releases ITR-1 to ITR-5 Forms – What’s New This Year?
Taxpayers, take note! The Income Tax Department has officially released ITR forms 1 to 5 for Assessment Year 2025-26. Here’s a complete breakdown of the changes compared to last year. In a major ...
Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...
We’re expecting a huge event at the beginning of this week—one that’s expected to impact more than 150 million people. Of course, I’m referring to the winter storm. States from Texas through the ...
New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...
New Income Tax Law from April 1, 2026: What happens to your ITR forms? (AI-generated image) India’s income tax system is set for a structural reset. The Income-tax Act, 2025 will come into force from ...
The income tax department has released the Draft Income-tax Rules, 2026, to operationalise the Income-tax Act, 2025.
No interest is payable if the refund amount is less than 10 percent of the tax determined under section 143(1) or pursuant to regular assessment ...
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