Your 401(k) or IRA could hide a tax time bomb. Withdrawals in retirement are taxed. RMDs at age 73 can spike income. Future ...

Analysts expressed cautious optimism, with several focusing on the timing and execution of credit monetization, refinancing, and the India IPO. The tone remained largely constructive, with pressing ...

If the total tax payable during the year exceeds ₹10,000, a taxpayer is required to pay advance tax. However, there are other ...

While gifting wealth-creating assets is thoughtful, and often tax-efficient in the long run, it’s important to be mindful of ...

Actress Aishwarya Rai Bachchan secured a significant win in her tax case. The Income Tax Appellate Tribunal in Mumbai ruled ...

Public Provident Fund (PPF) is not just a tax-free savings scheme. By extending the account after the initial 15-year lock-in ...

LIC posted a 32% YoY profit jump to Rs 10,053 crore in Q2 FY26, with Net Premium Income rising 5.4% to Rs 1.26 lakh crore.

The Tribunal held that income declared under Sections 44AE and 44AD by a transport HUF owning 10 trucks was valid. Additions for alleged profit diversion were deleted as the AO’s suspicion of tax ...

ITAT Mumbai held that USD 2.41 lakh deposits in Jersey bank accounts were inherited from the assessee’s parents and not undisclosed foreign income, setting aside the CIT(A)’s addition under the Black ...

New numbers from Statistics Canada reveal how much the highest-income Nova Scotians make. The information is based on tax ...

Aishwarya Rai Bachchan has won a significant income tax battle in ITAT Mumbai. The tax department had sought to disallow Rs 4 ...

ITAT Mumbai ruled builder compensation for flat delay is not capital gains under Section 50C, benefiting homebuyers and ...