Budget 2026 has introduced a full income tax exemption for compensation received from the government for land acquired under ...

After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...

Last year, FM Sitharaman announced major changes in the new income tax regime, and while tax experts believe that there is ...

Exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to 31 August, key updates for individual taxpayers ...

The Tribunal held that while interest on enhanced compensation was taxable as per settled law, the exemption claim for land compensation required verification. The matter was remanded for fresh ...

The Finance Bill, 2026 continues the same tax slabs and rates as the previous year. Individuals, companies and other entities see no increase in income-tax ...

FM Nirmala Sitharaman presented her ninth Budget on 1 February. During her speech, she made a key income tax announcement on filing revised ITR. Follow for LIVE updates.

There are over 150 types of penalties in the Internal Revenue Code (IRC). One frequent penalty that the Internal Revenue Service (IRS) asserts is ...

Inequality has reached record levels, and the judiciary has shown increasing willingness to intervene through tax policy. This Feature excavates ...

There was not much for the people to cheer about on the direct tax front, but then a lot has already been done ...

Income Tax 2026 LIVE updates: Union finance minister Nirmala Sitharaman has begun presenting the Union Budget 2026-27 in the ...

Preferred stock dividend distributions paid in April, July, and October 2025 and in January 2026 are reportable on shareholders' 2025 federal income tax returns. Redwood's 2025 preferred stock ...