Discover five crucial income tax provisions every Indian taxpayer should know in FY 2025-26, including deductions under ...

New Income Tax Bill, 2025 has removed the concept of nil TDS certificate. This means now only a lower TDS certificate is ...

The Nvidia logo and US and Chinese flags are seen in this illustration taken on January 29, 2025.(Dado Ruvic/Reuters) Also ...

As the year winds down, you may be wondering just how much tax you’ll be paying once you file your 2024 income tax return. Especially if you changed jobs or earned self-employment income ...

He is progressive. Tax scale To apply the previous tax to your taxable income, you must take into account the family quotient, that is, your number of shares, which depends on your situation and ...

In summary, personal loans are not considered taxable income in India. However, their usage can determine whether borrowers qualify for tax benefits. Proper planning, documentation, and prudent ...

Purchasing your private non-electric vehicle in Uttar Pradesh is set to become expensive as the state cabinet on Tuesday approved a proposal to increase the existing tax on vehicles costing above ...

Former Infosys chief financial officer and IT industry veteran Mohandas Pai has slammed “tax terrorism”, saying the income-tax oppression is “enormous”. “Today, there is Rs 30 lakh crore ...

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and ...

President Donald Trump has said that he’d like to eliminate the Internal Revenue Service and with it income tax. His plan would be to replace the approximately $3 trillion per year that the ...

Taking note of a “considerable number” of writ petitions filed for expeditious disposal of appeals under the Income Tax Act, the Punjab and Haryana High Court has called for strict adherence ...

Also Read: Govt increases excise duty on petrol, diesel by Rs 2 per litre; consumers not to be hit In February, Nirmala Sitharaman had slashed personal income tax for the middle class, leaving a dent ...