According to tax experts, income tax officials may conduct an examination of an individual's declared expenses in comparison ...
The Income Tax Department’s methods for levying, managing, collecting, and recovering taxes are governed by the Income Tax Act of 1961. With effect from April 1, 1962, it consists of 23 chapters, 298 ...
The Income-Tax Bill 2025 revises the conditions for clubbing of income, allowing spouses' technical contributions without ...
Under the New Tax Regime, following are the tax slab rates applicable to a Senior Citizen for FY 2025-26 (As per Budget 2025 ...
In a post on X, the department on February 14 said it has activated the utility to check Section of the Income Tax Act, 1961, ...
The Income Tax Bill 2025 has 57 tables, compared to 18 in the existing I-T Act of 1961. The new bill removed 1,200 provisos ...
The lower tax rate for FDII has enabled Big Tech companies such as Google, Apple, and Amazon to reap billions of dollars in ...
Recently, the Delhi High Court held that Central Board of Direct Taxes (CBDT) cannot impose limitations to extinguish rights ...
Pharmaceutical firm Mankind Pharma Ltd on Friday (February 28) said it has received a ₹111.68 crore tax demand from the ...
While they are waiting to see how the Indiana legislature votes in this year’s lawmaking session ending April 29 Porter ...
The Delhi High Court has held that Section 80IC of the Income Tax Act, 1961, which contemplates tax incentives for ...
The total demand includes ₹42.45 crore in interest. Shares of MSTC Ltd ended at ₹434, down by ₹18.60, or 4.11%, on the BSE.