Under India’s revised tax structure, individuals earning up to ₹12 lakh annually can pay zero income tax due to the available ...

Many types of income in India are completely exempt from tax under the Income-tax Act, provided certain conditions are met.

The proposal for allowing joint Income Tax filing for married couples in India has sparked renewed discussions about the ...

The simpler Income Tax Act comes into effect this April, bringing in new forms and rules. here is what it means for ...

The new tax law formally embeds faceless assessments into the statute, replacing the earlier scheme-based system and making electronic tax scrutiny the default ...

India’s new Income-tax Act, 2025 will come into effect from April 1, 2026, introducing a ‘tax year’, revised ITR deadlines and extended return revision timelines. Key changes such as STT hike, TCS ...

Starting April 1, 2026, India will transition to the Income Tax Act, 2025, marking a massive shift toward simplified tax ...

Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...

New Delhi: India will introduce a new direct tax system from April 1, 2026, as the Income Tax Act, 2025 replaces the old 1961 ...

The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...

Residential status under Section 6 determines whether a taxpayer is liable for global income or only Indian-source income. The rules classify taxpayers as Resident, RNOR, or ...