Many salaried employees see a sudden spike in TDS between January and March because employers recalculate taxes after ...

Taxpayers who claim substantial tax-saving deductions, often summing up to several lakh rupees, generally find the old tax ...

The tribunal held that salary payments, even with TDS and bank transfers, require proof of genuineness and business nexus. The matter was remanded to the Assessing Officer for fresh verification of ...

Most Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need ...

The new Act reduces complexity by cutting sections from 819 to 536 and chapters from 47 to 23. It applies to income earned ...

The Tribunal reaffirmed that reassessment cannot be based on re-appreciation of facts already scrutinized earlier. Without failure of disclosure, invoking Section 147 beyond four years was ...

As 2025 comes to a close, India's tax framework stands notably altered, shaped by a year-long sequence of reforms that extended well beyond routine in.

The new Income Tax Act, effective from April 1, 2026, simplifies compliance and introduces a 'tax year', replacing the 1961 ...

From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures point to a clear shift towards simplification and reduced disputes.

New York Giants quarterback Jaxson Dart and social media influencer Marissa Ayers have been fueling romance rumors for weeks.

After leading Cathedral Catholic High School to a state championship football appearance last fall and being named the CIF ...

Union Budget 2025 brought major relief to salaried taxpayers by revamping income tax slabs under the new tax regime. For ...