Budget 2026 delivered significant relief through a rationalisation of TDS and TCS provisions. The TCS rate on overseas tour ...

The Finance Bill introduced daily fines and a flat penalty for incorrect crypto disclosures while leaving the existing tax ...

Presenting the Union Budget 2026–27 in the Lok Sabha, FM Sitharaman said all direct tax changes proposed in the Budget would ...

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...

The Indian government has announced a landmark reform in direct taxation with the new National Income Tax Act, replacing the ...

The case examined whether commission paid to overseas agents attracts TDS and disallowance. The Tribunal held that services rendered abroad are not chargeable to tax in India, nullifying Section ...

Exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to 31 August, key updates for individual taxpayers ...

Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...

Income Tax Budget 2026 Live Updates: Union Finance Minister Nirmala Sitharaman announced that the New Income Tax Act will ...

While some proposals were aimed at providing relief to common taxpayers and easing compliance, others like STT hike will ...

Ahead of Budget 2026, the crypto industry seeks a lower TDS, a review of the 30 percent tax on gains, loss set-offs, and ...

In India’s tax season, crypto investors often discover an uncomfortable truth: the hardest part of being early is not ...