No tax refunds was paid to 12 lakh Income Tax Return (ITR) filers for AY 2024-25 despite 3.94 crore verified ITRs claiming ...

An updated tax return, filed as per Section 139(8A), permits taxpayers to correct omitted or inaccurate income declarations.

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

Finance Minister Nirmala Sitharaman’s Union Budget 2025 speech on February 1, 2025 is being looked at to provi ...

Budget 2025 Expectations Highlights: Indian taxpayers, especially the middle class and corporate India alike are seeking tax ...

Honda Motorcycle and Scooter India seeks a reduction in GST on two-wheelers, calling them a necessity for many, rather than a ...

Honda Motorcycle and Scooter India executive emphasizes the need for tax reduction on two-wheelers due to affordability ...

In the amended income tax returns form to be submitted there should be allowance for showing and taking deduction for agriculture income (an example). So, India Income Tax authorities should be ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...

Cancer care in India has made remarkable progress, with the government taking significant steps to improve accessibility and affordability. The exemption of three cancer medicines from customs ...

The company reported underlying income growth of 13% year-over-year, reaching £350 million, but this fell 1% short of consensus expectations. The miss was attributed to a combination of ...