If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good ...

The tax case dates back to FY08, and arose from the sale of Vodafone India’s Ahmedabad-based call centre business, formerly ...

Offer the amount received as Income from Other Sources (deemed dividend) in their income tax return (ITR), and Record the ...

Gifts surpassing the exemption limit in value in a financial year are taxable and need to be disclosed under ‘income from other sources’ in the ITR filing.

US Federal Estate Tax is levied on the fair market value of an individual’s assets at death. For Indian citizens who are ...

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, ...

The Supreme Court on Monday issued notice to the Union of India (UOI) Election Commission of India (ECI), and Law Commission ...

Leading industry chambers, including CII, Ficci, Assocham and PHDCCI, have urged the government to simplify tax compliance, rationalise TDS rates, and speed up dispute resolution ahead of Budget 2026- ...

NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of ...

India collected 1.96 trillion rupees ($22.3 billion) in gross goods and services taxes in October, about 5% more than the same month last year, the government said a statement on Saturday.

If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has ...