Post-festive sentiment has turned positive, supported by policy easing and strong auto sales. But an urban-led rebound and ...

Buyers of property from Non-Residents must deduct TDS under Section 195, with rates up to 30% for STCG and 20% for LTCG, emphasizing the importance of compliance to avoid ...

The Tribunal ruled that payments for IPL and MPLS bandwidth services do not constitute royalty under section 9(1)(vi) or ...

December 15, 2025, is a crucial advance tax deadline for individuals with multiple income streams. Taxpayers must have paid ...

The report notes that the growth will be supported by benign inflation, goods and services tax (GST) rationalisation, income ...

A lesser-known method is gaining attention, gifting mutual fund units to relatives to legally reduce, or in some cases ...

Nigeria's new fiscal policy includes a 25% corporate tax reduction and 0% CIT for small businesses to stimulate economic ...

Amend Section 486 to read: “Irrespective of anything contained in this Chapter, no person shall be prosecuted for any offence ...

OECD official praises India's commitment to global tax transparency. Undisclosed foreign assets worth Rs 29,000 crore ...

The government has confirmed that new income tax return (ITR) forms under the Income Tax Act, 2025 will be notified before ...

The Income Tax Act, 2025, which was enacted on August 21 this year, will replace the six-decade-old Income Tax Act of 1961 and come into effect from April 1, 2026.

Under the allowed deductions, salaried employees and regular pensioners can claim a standard deduction of Rs 75,000, which remains one of the biggest reliefs in the new regime.