Investors are reacting to a clause buried in “One Big Beautiful Bill Act” that threatens to curtail inbound foreign ...

ITAT Mumbai held that since donations collected were parked in savings bank account of assessee and funds were used for personal purpose hence donation collected are taxable u/s. 56 (2) (x) of the ...

The Income Tax Department has enabled online filing for ITR-1 and ITR-4 forms for AY 2025-26. Experts decode eligibility, benefits of early filing, and major updates. Plus, a crucial checklist of five ...

Income Tax Bill introduces a new clause that allows capital gains to be calculated in foreign currency, accounting for forex ...

The Income Tax Return (ITR) filing for the financial year 2024-25 (Assessment Year 2025-26) has officially begun. The Income ...

However, the exemption of personal income tax on foreign-sourced income will apply for only two years: the year in which the ...

Republic Act No. 12214 (also known as the Capital Markets Efficiency Promotion Act, or CMEPA, signed on May 30, 2025), cuts ...

New final regulations pose significant implications for possible income inclusions by U.S. corporations with foreign ...

If an individual has deposited over Rs 50 lakh in a savings account or Rs 1 crore in a current account in a financial year, ...

Regulators and stock market players are welcoming the enactment of the Capital Markets Efficiency Promotion Act (CMEPA), as ...

The basic exemption limit varies depending on the chosen income tax regime. For the old tax regime, the limit is set at Rs ...

The Income Tax Department has introduced revised forms this year, and taxpayers must assess their income sources carefully ...