Income Tax

Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code […]

Major development is going to happen, a new income tax bill to be tabled today in the Union Cabinet Meeting.

Finance Minister Nirmala Sitharaman has revised the income tax slabs in the new tax regime as part of the Union

In a significant move to simplify tax compliance and reduce the burden on sellers, the Indian government has announced the

Section 44BBD is proposed presumptive taxation scheme for non-resident companies those who will be providing services or technology in India.

What is Section 194A of Income Tax Act? Section 194A of Income Tax Act is applicable on payment of interest

Introduction Section 194LBC was introduced by Finance Act, 2016 with effective from June 1, 2016. It applies to securitization trusts,

TDS (Tax Deducted at Source) is a mechanism in which tax is deducted during specific payments, including salaries, rent, professional

TDS rates are the percentages at which tax is deducted from various types of payments made to individuals or entities.

The Union Budget 2025-26 has introduced several significant changes aimed at enhancing the financial well-being of senior citizens, particularly concerning

The Reserve Bank of India’s Liberalized Remittance Scheme (LRS) permits resident individuals to transfer funds overseas for various authorized purposes,

The government in Union Budget 2025 has introduced a simplified New Tax Regime, offering zero tax liability up to Rs.