The present appeal preferred by the revenue against the order passed by CIT (A) who deleted addition made by the AO on account of money possessed by the assessee. Assessee is director of two companies ...

Income tax notices can be daunting, but understanding them is crucial. The Income Tax Department issues various notices for ...

An illustration of a magnifying glass. An illustration of a magnifying glass.

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

It’s time to file an Income Tax Return (ITR) for the assessment year 2025-26. The Central Board of Direct Taxes (CBDT) has notified different ITR forms (Forms 1-7). Various supporting utilities ...

Trump's new tax proposal has triggered alarm across the globe, particularly in India, which has been one of the biggest beneficiaries of the US remittances. US President Donald Trump's decision to ...

If you're an NRI living in the United States and regularly send money home to India ... call the tax unfair Critics have called the tax regressive, saying it punishes migrants for supporting their ...

The benefits form part of a wider governmental strategy to make India a thriving hub for innovation-led enterprises. Under Section 80-IAC, eligible start-ups can enjoy a 100 per cent income tax ...

BENGALURU: US President Donald Trump's 'One Big Beautiful Bill' proposes a 5% tax on remittances, which tax experts say may have a significant impact on India as the country is one of the biggest ...

The tax would be withheld by the remittance transfer provider at the time of the transaction . India is currently the world's top recipient of remittances, with around $83 billion sent annually ...

Economists found that many Americans who make less than $51,000 a year would see their after-tax income fall as a result of the Republican proposal beginning in 2026. The Penn Wharton estimate ...