The court held that technical difficulties justified condonation of delay in filing the prescribed form for concessional tax.

The Finance Bill, 2026 clarifies that section 144C timelines govern final assessment orders. Sections 153 and 153B apply only up to the draft order stage, ending years of ...

The Union Budget 2026 proposes eliminating the tax deduction for interest on borrowed funds used for investing in ...

The old tax regime works best for individuals who can claim multiple deductions. In contrast, the new tax regime is tailored for taxpayers without such deductions offering lower tax rates.

Follow the income tax slab changes, revised income tax slabs, new vs old income tax rates and key announcements from FM ...

The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

This article explores the strategic use of this election, highlighting its potential to optimize tax outcomes for both trusts and beneficiaries while cautioning against its pitfalls.

The Union Budget matters to middle-class families because it can reshape everyday costs, savings, home ownership and ...

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.

Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on February 1. With nil tax up to Rs 12.75 lakh already in place, taxpayers are ...

Finance Minister Nirmala Sitharaman will present her ninth consecutive budget and the third full budget of the Modi ...

Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on February 1. With nil tax up to Rs 12.75 lakh already in place, taxpayers are ...