The issue was whether tax deferral can be claimed without exercising the option. It was held that filing Form 40 is mandatory to avail relief under section 158. Without it, income may be taxed on ...

The issue was whether tax benefits can be claimed without filing Form 19. It was held that notification is compulsory, and ...

Regulatory framework for buybacks is set to become more complicated on April 1. Instead, if government trusts boards to take ...

While the income may technically be taxable in India under domestic law due to receipt in the NRO account, relief should be ...

The government on Monday restored full duty benefits to exporters affected by disruptions linked to the West Asia war| India News ...

Launched in 2021, the RoDTEP scheme provides refunds of taxes, duties and levies incurred during the manufacturing and ...

Government data shows shrinking nil-tax filer base as enforcement, PAN-Aadhaar linkage and data analytics expand India’s ...

The New Income Tax Rules 2026:India entered a new era of taxation with the official enforcement of the Income Tax Act, 2025 ...

India will roll out the new Income Tax Act, 2025 from April 1, 2026. Here are key FAQs, changes, and what the new tax rules ...

Mumbai: Buying a car in India will become costlier from April 1, as automakers plan to increase prices by up to 2 percent. The hike will apply to all categories — from budget hatchbacks like Maruti ...

CBDT has notified the Income Tax Rules, 2026, introducing revised provisions for salaried individuals, including higher HRA ...

Income-tax Rules 2026 complete India’s shift to the new tax regime, tightening digital compliance for charitable trusts while ...