To give individual taxpayers more savings under the new tax regime, the government changed the income tax slabs. The ...

File your income tax return by December 31 to avoid penalties, jail term, and higher TDS rates. Be compliant to avoid ...

This is because an income tax return (ITR) is not considered valid unless it has been verified. The tax department’s message ...

The Honourable Bombay High Court said recently, "​By way of interim relief, the... Central Board of Direct Taxes is hereby directed to forthwith issue requisite notification under Section 119 of the ...

The year 2024 is ending and 2025 is about to knock. This year there have been many changes related to Income Tax, which will ...

Timely disclosure by the due date under Section 139 (1) is crucial to avoid penalties. Belated or revised returns can be filed until December 31, 2024, if foreign income or assets were missed earlier.

In a recent ruling Hon’ble Madras HC dismissed appeal filed by revenue by holding that assessment in the case of assessee is ...

A special defence team has been appointed to investigate after an unmanned aerial vehicle (UAV), believed to be a target ...

India's current account deficit fell to 1.2% of GDP in Q2 FY25, down from 1.3% the previous year, despite a worsening trade ...

Starting the year with a financial goal, such as building an emergency fund, is crucial for financial stability ...

Airports are warning of delays for both departing and arriving flights as thick fog continues around the country. Director-General of the World Health Organization, Tedros Adhanom Ghebreyesus ...

Maps have often misrepresented the real size of developing nations, portraying them as smaller than more developed countries. Cartographers in recent times and preceding centuries portrayed the world ...