Tax

In a written reply to the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary revealed that Central GST field officers have detected tax evasion amounting to a...

In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai has allowed a woman to claim complete tax exemption on long-term capital gains (LTCG) of over ₹4 crore from...

If you're a salaried employee living in a rented home, the House Rent Allowance (HRA) you receive might offer a valuable tax-saving opportunity—but only under the old tax regime. Here's...

From July 23, 2024, a new set of tax rules has come into force, changing how gains from mutual funds are taxed in the upcoming Assessment Year 2025–26. The revised...

The Income Tax Department has rolled out the offline Excel utility for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2025-26, aiming to simplify the tax filing process for...