The Income Tax Bill, 2025, has introduced a significant tax relief for Non-Resident Indians (NRIs) investing in India’s ...

In a city where history whispers from the bricks of every colonial edifice, a new chapter of pride and preservation was ...

Summary: The Income Tax Appellate Tribunal (ITAT), Kolkata bench, has remitted the case of Indian Chain Pvt. Ltd. back to the Commissioner of Income Tax (Appeals ...

The choice of ship’s flag is decided by the vessel’s consideration of tax, inspection, maritime law. According to Indian Express, some countries only register vessels with ties to the country ...

which account for half of the shortfall in corporate income tax revenue. The report estimated that India lost 5% of corporate income tax revenues in 2021 due to the shifting of profits of ...

New Delhi: Armed with a heavy dose of technology, the income tax department ... the department flags missing information or inaccurate data in people’s tax returns based on information the ...

The Supreme Court on Wednesday ruled that courts must inform the relevant jurisdictional income tax authorities if a suit filed before them involves any claims of cash transactions of ₹2 lakh or more.

it flags the ITR and sends it to the tax assessing officer (AO) for further analysis. Gaurav Jain, Partner, Direct Tax, Forvis Mazars in India, the nature of this entire process. He says every ITR is ...

There are only a handful of states in the country that do not tax income. Today, Mississippi joins their ranks, and, in doing so, we plant our flag." Proponents of the legislation believe it will ...

Monday, March 31, is a national holiday on account of Eid, but for those who have to correct errors/omissions in the Income ... Mazars In India, advises computing the additional tax payable ...

Sikkim remains the only state in India where residents are completely exempt from paying income tax, irrespective of their earnings. This rare financial advantage is protected under Article 371(F) of ...

Citing clause 247 of the new income tax bill, India Today reported that starting April 1, 2026, the designated income tax officers will have the right to access your emails, social media ...