Government to Introduce New Income Tax Bill in Monsoon Session The New Income Tax Bill 2025 is set to be presented in the ...

FM Sitharaman said the new Income Tax Law did not give legal backing to check digital assets. The government has added ...

The ITR-U provision, introduced in 2022, offers taxpayers the flexibility to correct any errors or disclose previously ...

Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday said that the new Income Tax Bill will be taken up ...

Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA ...

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

Infosys Limited to receive ₹2,949 crore tax refund, boosting financials. The refund covers assessment years 2016-17 and ...

Now in this backdrop of stark reality again the Income tax law comes in to a central role of rescuer to mitigate this ...

Pune ruled that while Form 67 was filed late, it was available with CPC at the time of processing the return. The tribunal held that filing Form 67 within the due date is a procedural requirement ...

The Finance Minister said in the Lok Sabha that SMS and e-mails were sent to around 19,501 taxpayers, asking them to review ...

The company said that the disallowances of some expenditures and deductions that the bank claimed under various income tax provisions.

The Select Committee has been mandated to submit its report on the bill by the first day of the next session of Parliament.