Understand Income Tax in India for FY 2025-26, including the latest tax rules, new & old tax slab rates, deductions, exemptions, special tax rates, and the complete ITR filing process under the ...

First discussed ahead of Budget 2025, the joint taxation proposal suggests allowing spouses to file a combined return with a ...

India's tax system is set for a major overhaul with the Income-tax Act, 2025. The Finance Bill, 2026, will consider ...

One of the great advantages touted for levying income tax is that it is a ‘progressive’ tax – the rate of income tax increasing as income levels increase.  However, peculiar conditions of income tax ...

The Calcutta High Court held that recovering more than 20% of a disputed tax demand from other refunds while an appeal is pending is impermissible. The ruling directs the Income Tax authorities to ...

Explains why the three laws apply different export tests and highlights the unified approach needed to avoid refund losses, FEMA violations, and tax ...

MUMBAI, July 23 (Reuters) - India on Tuesday cut income tax rates for some citizens in an effort to boost consumption as Asia's third-largest economy struggles with uneven growth. The government has ...

Recent changes to India's Income Tax regulations introduce strict penalties for unexplained cash and large cash transactions, ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Learn about the taxation system of India. Understand the difference between direct and indirect taxes and why they matter for ...

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