Non-resident property transactions in India face compliance challenges, including obtaining TAN, depositing TDS, and filing e-TDS returns. It is hoped that Budget 2025 simplifies these processes and ...

Taxpayers should remember that tax-saving exemptions on capital gains are available on long-term capital gains (LTCG) only.

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax in India is old, what is less well-known is ...

India’s tax rates aren’t necessarily among the highest in the world. Here’s why. India’s seemingly high income tax rates are softer than that of several advanced economies, allowing for a ...

The backlog of income tax disputes in ... the monetary thresholds of the tax effect on matters below which an appeal cannot be filed by the department. India could consider a time-bound mediation ...

Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view ...

Telangana Prisons and Correctional Services department is set to host the 6th All India Prisons Duty Meet 2025 ... significant event,” she said. The official also spoke about other initiatives ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced separately, and not as part of the Union Budget 2025 to be delivered by ...

In the previous year, the government lowered the import duty on ... help unlock India's vast household gold reserves and reduce the country’s current account deficit, they say. Tax relief ...

With economic expansion at an exponential pace for India, one can always expect ... await resolution within the norms of the income tax department, with an additional 63,246 declining at different ...

Jan 30 (Reuters) - Indian gas distributor GAIL (GAIL.NS), opens new tab reported a nearly 30% fall in third-quarter profit before one-off items and taxes on Thursday, as costs rose amid muted ...

Another rising star has emerged from India's rich cricketing talent pool in the form of Tilak Varma. The middle-order batter dug deep to rescue his team in the 2nd T20I against England at Chepauk ...