In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

Raghav Chadha said the Finance Minister made sarcastic comments against his statement and accused him of misleading the House ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

AAP MP Raghav Chadha in a video said that Finance Minister Nirmala Sitharaman tried to “complicate” his counter regarding the ...

A petition to raise the HMRC income tax personal allowance threshold from £12,570 to £20,000 has received more than 130,000 signatories, and could now be debated by MPs.

Introduced in Lok Sabha on Thursday, the bill seeks to achieve tax certainty by minimising the scope of litigation and fresh interpretation.

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

ITAT Rajkot held that addition on account of unexplained investment in purchase of immovable property u/s 69 of the Income ...

“NRIs shall still continue to face a 20 per cent tax on dividend and interest income from Indian companies, with a reduced 10 ...

Kerala High Court has set aside income tax assessment orders against Kerala Minerals & Metals Limited (KMML) for assessment years 2014-15, 2016-17, 2017-18, and 2018-19. KMML had challenged the orders ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

Nirmala Sitharaman's new Income Tax Bill takes effect in April 2026. Can taxpayers still opt for the old tax regime in FY26? Find out what experts say.