Explains how the new Act replaces the 1961 law, simplifies drafting, introduces the “Tax Year” concept, and aims to reduce litigation and compliance ...

Understand how agricultural income is exempt under the Income Tax Act, 1961, why only genuine cultivation qualifies, and where courts draw the line between farming and ...

Union Finance Minister Nirmala Sitharaman has entered the history books after presenting the ninth consecutive Budget.

As India prepares to roll out the new Income-tax Act and Draft Income-tax Rules from April 1, 2026, experts say the changes ...

The draft rules are part of a bigger plan to modernise India's income tax system by changing how individuals think about it, ...

The Indian government has released new draft income tax rules in line with the New Income Tax Act. Discover the new ...

The Indian government’s tax authority has fixed a security flaw in its income tax filing portal that was exposing sensitive taxpayers’ data, TechCrunch has exclusively learned and confirmed with ...

The government has denied that India follows a “multi-layered income-tax structure,” clarifying that income tax is levied ...

An NRI man earned Rs 44 lakh salary abroad and deposited it in his NRE account. The Income Tax Department issued a notice, but the Income Tax Appellate Tribunal (ITAT) Ahmedabad ruled in his favor.

Non-resident Indians (NRIs) returning to India must carefully evaluate their residential status, as prolonged presence in the country may trigger taxation of worldwide income. Pla ...

India’s Union Budget 2025 has made no changes in the existing tax rules for cryptocurrencies, maintaining the provisions of the Finance Act 2022 for virtual digital assets (VDAs) like Bitcoin (BTC) ...

If an NRI resident in the UAE works entirely outside India but is paid by an Indian company, taxability hinges on where employment is exercised under domestic law and the India-UAE DTAA.