With just a few days left for the Union Budget 2025 presentation, sectors such as banking, insurance, and others are holding ...

India has an extensive tax appeals system that starts from the Commissioner of Income Tax Appeals to the Supreme Court.

The government will introduce the Direct Tax Code (DTC) separately, rather than including it in the Union Budget 2025, which ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws during the Budget Session, which starts tomorrow. But what do we ...

In Budget 2024, one of the key proposals was the reintroduction of indexation benefits, which had been withdrawn the previous ...

Many taxpayers feel that they do not get anything in return for their sincerity in paying taxes to the government. This ...

NRIs selling property in India face a steep 20% TDS deduction, whatever their actual tax liability might be. TDS deductions can substantially affect your cash flow and keep funds locked until you get ...

Madurai: Paying income tax is an important duty, but certain benefits can be considered for honest taxpayers if and when they ...

India Inc expects the upcoming budget to focus on tax reforms, job creation, simplifying compliance, and promoting ...

Leading up to Budget 2025, salaried taxpayers are eagerly anticipating the possibility of receiving additional tax relief to ...