Rajya Sabha MP Raghav Chadha has proposed allowing married couples to file joint income tax returns in India. The move, he argues, could reduce the tax burden on single-income families and ensure ...

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

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

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

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

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

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 ...

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 ...

Income Tax Act 2025 to Take Effect from April 1, 2026: Major Changes for Taxpayers India’s direct taxation system is set to undergo a significant transformation starting April 1, 2026, when the new ...

The Delhi High Court on Monday dismissed an appeal filed by the Income Tax Department against Boeing’s Indian subsidiary, ...

Polycab India Ltd has received a ₹327.45 crore income tax demand for AY25 following additions of ₹41.87 crore in an ...

The shares of Maruti Suzuki ended 1.98% higher at ₹13,010 apiece on the national stock exchange on Tuesday. Maruti Suzuki India Limited has received a draft assessment order of about ₹5,786 crore from ...