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, seeking simpler compliance and a quicker resolution of tax disputes.
Once an employee is fired he is strictly required to give back all company laptop and other company properties with no exception, rules Delhi High Court ...
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 ...
If you miss the December 31, 2025 deadline of linking PAN with Aadhaar, your PAN card will be deactivated from January 1, 2026. Therefore, don’t let a small step mistake up big financial plans and ...
Mutual fund distributor incomes are under threat as a proposed regulatory change by Sebi is likely to compel asset management ...
NRIs are taxed on capital gains from Indian equities depending on the type of investment and holding period. Short-Term vs ...
As the Modi government gears up for Budget 2026-27, taxpayers across India are hoping for meaningful relief, easier compliance, and clarity before the new Income Tax Law kicks in from April 2026. Here ...
India Inc has urged the government to take necessary steps to clear the backlog of Income-Tax (IT) appeals, simplify tax deducted at source (TDS) rules, and ensure tax neutrality for fast-track ...
Both staking and mining are good things to do to enhance your crypto holding—but with different tax burdens. As Crypto Tax ...