Throwing away old tax records too soon can create real problems if you later receive a notice, need to file a revised or ...

Two Delhi High Court judges on Wednesday disclosed their own income-tax filing positions before hearing a challenge ...

Explains the RNPO exemption framework under the Income-tax Act, 2025, covering Application, Deemed Application, Accumulation and tax ...

The new Income Tax Act, 2025, takes effect from April 1, 2026, maintaining current tax slab rates. Highest tax rate remains 30% for incomes exceeding Rs 24 lakh under this regime. Marginal relief ...

Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rules. Income from these activities is typically classified as ...

Wisconsin used part of a multibillion-dollar surplus to enact income tax cuts and has continued debating additional relief.

Explains how the second proviso to Section 112 caps LTCG tax for eligible resident individuals and HUFs after the Finance (No. 2) Act, ...

With the Income tax department increasingly using technology, data analytics, AIS, broker reports, mutual fund disclosures ...

A ₹14.65 lakh CTC does not necessarily mean you have to pay income tax under the new tax regime. With the right salary ...

THOUSANDS of Brits are being hit with tax bills worth up to £100,000 for accessing their own pension cash. Pensioners need to ...

The taxation of life insurance companies in Bangladesh is governed primarily by the Income Tax Act, 2023, with regulatory oversight by the National Board of Revenue (NBR) and the Insurance Development ...

Borrowers should report the eligible interest under the appropriate schedule relating to house property and claim principal ...