Missing the July 31 income tax return filing deadline triggers late fees, interest charges, and loss of carry-forward benefits. Here's what taxpayers need to …
Income Tax
India has streamlined the process for Foreign Portfolio Investors to obtain Permanent Account Numbers (PANs), reducing compliance burden and making it easier for overseas …
Income Tax
India's General Anti-Avoidance Rules (GAAR) empower tax authorities to scrutinize transactions lacking commercial substance, drawing a crucial line between legitimate tax planning and aggressive …
Income Tax
ITR-2 is meant for individuals and HUFs with capital gains, foreign income, or multiple house properties. Here's everything you need to know about filing …
Income Tax
Paytm has joined forces with ClearTax to offer Income Tax Return filing services starting at just Rs 11, making tax compliance more accessible and …
Income Tax
Understanding cryptocurrency taxation in India is crucial as the government has established clear rules for taxing digital asset transactions. Here's what crypto investors need …
Income Tax
India is advancing legislation to tax global bond funds despite parliamentary disruptions, potentially impacting foreign investment flows and portfolio returns for international investors.
Income Tax
With the income tax return filing deadline approaching, taxpayers can easily file their ITR online through the e-filing portal. Here's a comprehensive step-by-step guide …
Income Tax
The Income Tax Department marks its 167th Income Tax Day on July 24, 2026, commemorating the introduction of income tax in India in 1860. …