Notably, taxpayers can claim exemption for HRA along with the interest on home loan under the old tax regime in the same year ...

India Freezes Indus Waters Treaty: What It Means For Pakistan and Its People | Explained ...

Conclusion: Dealers registered under Value Added Tax Act (VAT Act), 2008 were duty bound to reverse or debit the input tax credit as prescribed under Section 13(6) of the VAT after the discontinuation ...

It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your ...

Concerns about economic competitiveness and Canadian sovereignty have dragged carbon taxes to the forefront of the federal election campaign as Canada’s political leaders scramble to respond to the ...

Last month several tax payers received notices from the tax department for paying rent to relatives. Here we describe some ...

The government has amended Section 143 of the Income Tax Act to allow comparison of a taxpayer's current ITR with their ...

The Income Tax Department is expected to soon release the online ITR forms, which will officially open the e-filing process.

Section 44ADA of the Income Tax Act, 1961, provides a simplified scheme of taxation for professionals. It allows eligible ...

Mukesh Ambani, chairperson of Reliance Industries Limited (RIL) is celebrating his 68th birthday today. He was born on April ...

The new financial year, FY26, has already started. With this new financial year comes the new Tax regime, which has a big difference in terms of many things. The government has recently rolled out ...

Major portions of the U.S. tax code are scheduled to expire at the end of 2025, and as the U.S. tax landscape faces potential ...