This article discusses some of the key amendments that may be introduced in the upcoming budget to achieve the Finance ...

A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...

The Delhi High Court recently held that tax liability on income from house property should be affixed to a person who ...

Moreover, the tribunal addressed the issue of immunity sought by DACSS Granites Pvt. Ltd. under Section 270AA (2) of the Act. Despite a belated filing of Form-68 for immunity, the ITAT referred to ...

Affidavit of service filed today is kept with the record.

Reliance’s ability to legally avoid corporate income taxes for 30 years demonstrates the company's strategic financial acumen ...

If your annual taxable income is ₹10 lakh and you claim the full ₹1.5 lakh deduction, your taxable income reduces to ₹8.5 ...

India Inc anticipates simplified tax laws, reduced litigation, and progressive policies in Budget 2025, with the pharmaceutical and healthcare sectors expected to remain key focus areas for growth.

While personal loans don’t explicitly offer tax benefits, you can claim deductions if the loan is used for home purchase, ...

Ahead of the Budget 2025, President Draupadi Murmu suggested that there could be significant tax relief for middle-class Indians in the upcoming budget. PM Modi expressed optimism that the Union ...

In November 1947, the nation's first post-independence budget was presented. Learn about the finance ministers of India and ...