DTAA allows NRIs to pay tax only in one country or at reduced rates, preventing double taxation on income earned in India and ...
Under the new tax regime, deduction on home loan interest can be opted for let-out properties. Such deductions can be fully ...
The new Income-tax Act, 2025, will overhaul several commonly used tax forms from April 1, 2026, replacing old formats with new form numbers and unified reporting structures. From Form 16 and 26AS to ...
NRI property sales in India face higher TDS, complex capital gains rules, and repatriation steps, with timing and structure key to tax efficient exits.
Income-tax rules: Here's how capital gains generated from digital, paper (which includes gold ETFs, gold mutual funds and sovereign gold bonds) physical and inherited gold are taxed for residents and ...
Taxpayers, mark your calendars for May 2026! Crucial compliance deadlines loom, including TDS/TCS deposits for April and certificate issuances. Remember to file key statements and declarations under ...
This means shares purchased from the stock market can also be legally transferred as a gift. However, such gifts are governed ...
The government is reportedly considering slashing the withholding tax rate from 20% to the earlier 5%. Market participants believe that lowering the withholding tax rate could make Indian debt and ...
The Income Tax Department enabled online filing and Excel utilities for ITR-1 and ITR-4 forms for AY 2026-27 on its e-filing portal, kicking off this year’s tax return filing process for individuals ...
India’s historic general election – with 870 million people eligible to vote in recent weeks – has focused international attention on a country that finally appears to be fulfilling its economic ...