New Delhi, Aug. 12 -- The Parliament passed the revised Income Tax Bill 2025, fixing drafting oversights in the earlier February version that had sparked confusion over refunds, tax deducted at source... Read More
New Delhi, Aug. 6 -- Splitting a property sale into separate components for immovable assets and movables such as furniture and fixtures is increasingly being used as a tax-saving tool. But without pr... Read More
New Delhi, Aug. 4 -- In recent years, filing income tax returns (ITR) has become more streamlined, thanks to the income tax e-filing website that automatically fills in details related to salary and i... Read More
New Delhi, July 30 -- Until October 2024, companies paid a buyback tax at an effective rate of 23.3%, including surcharge and cess. Shareholders received the buyback proceeds tax-free. The Union budg... Read More
New Delhi, July 28 -- Income earned by freelancers from foreign clients-whether through contracts, content creation, or platforms like YouTube and X (formerly Twitter)-is fully taxable in India. But t... Read More
New Delhi, July 22 -- When Divya Saini graduated with an engineering degree in 2017, she never imagined that just four years later she would be living in Seattle and working for a top tech firm. Star... Read More
New Delhi, July 18 -- When you sell a house, you can claim exemption from capital gains tax by reinvesting the profit in another residential property. This is allowed under Section 54 of the Income Ta... Read More
New Delhi, July 16 -- How you should treat or report tax related to equity trading while filing your income tax return depends on the type of transaction-futures and options (F&O), intraday trading, o... Read More
New Delhi, July 16 -- How you should treat or report tax related to equity trading while filing your income tax return depends on the type of transaction-futures and options (F&O), intraday trading, o... Read More
New Delhi, July 14 -- The income tax department has finally released the utilities for income tax return (ITR) forms 2 and 3, allowing individuals with capital gains, cryptocurrency investments, and b... Read More