India's Income-tax Act, 2025 will replace the 1961 Act from April 1, 2026, introducing a 'Tax Year', revised ITR due dates, increased STT rates, and new rules for share buybacks.

Karnataka High Court held that the rent received by leasing out residential premises for the purpose of students, staff and teachers would not be exigible / amenable to GST. Accordingly, order is set ...

The reopening was based on information received from the Investigation Wing stating that Sanasa Tech Fab Ltd., earlier known as Jeevo Motors Finance Company Limited, had been identified as a penny ...

Some states give multiple tax breaks to retirees. Nine states have no income tax, including Washington, which only taxes high earners' capital gains.

Taxpayers must prepare for the upcoming tax changes set to come into effect on April 1. Taxpayers must be aware of these latest rules and stay updated as these reforms will change how individuals ...