Despite the turmoil at the I.R.S., tax returns are still due on April 15. And, yes, there are still options for lowering last ...

ICICI Prudential Life plans to appeal a ₹328.42 crore income tax demand issued by the Assistant Commissioner of Income Tax, ...

1. The applicability of the Rebate under section 87A on Short-Term Capital Gain under the New Regime is a highly debatable ...

ITAT Ahmedabad held that as per the provisions of Section 167B of the Income Tax Act, Maximum Marginal Rate (MMR) is applicable on entire income of AOP if any one member of the AOP is taxable at a ...

The new financial year will have revised income tax slabs with increased exemptions and rebates under New Tax Regime, ...

Last chance to file updated Income Tax Returns for AY 2022-23 with additional tax penalties, consequences for non-compliance.

The Union Budget 2025 has introduced sweeping changes to the income tax system, offering substantial relief to middle-class ...

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

Private bank Bandhan Bank Limited on Wednesday (March 26) said it has received an income tax demand order of ₹119.38 crore from the Income Tax Department’s Faceless Assessment Unit for assessment year ...

With the financial year FY 24-25, drawing a close, individuals and families still have a valuable window of opportunity to ...

The Income Tax Return submission for assessment year 2025-26 will open on April 1 2025. Earnings-based employees ...

Old Tax Regime Vs. New – Which Saves You More? Your ability to switch between the two depends on your source of income. While ...