New Delhi, Aug. 24 -- For many young Indian professionals, Europe is a favourite holiday destination. But for software engineers Arnav Gupta and Sayani Bhattacharjee, just vacationing there wasn't eno... Read More
New Delhi, Aug. 20 -- The Finance Act, 2023 overhauled how capital gains from debt mutual funds are taxed, and this has made income tax return (ITR) reporting significantly more complex. Until 31 Mar... Read More
New Delhi, Aug. 18 -- Effective 23 July 2024, the government overhauled taxation of long-term capital gains (LTCG) on house property. Homeowners who sold property on or after this date faced little or... Read More
New Delhi, Aug. 12 -- The Lok Sabha on Monday passed a revised Income Tax Bill 2025, fixing drafting oversights in the earlier version that could have cost taxpayers refunds, complicated TDS rules, an... Read More
New Delhi, Aug. 12 -- The Parliament passed the revised Income Tax Bill 2025, fixing drafting oversights in the earlier February version that had sparked confusion over refunds, tax deducted at source... Read More
New Delhi, Aug. 6 -- Splitting a property sale into separate components for immovable assets and movables such as furniture and fixtures is increasingly being used as a tax-saving tool. But without pr... Read More
New Delhi, Aug. 4 -- In recent years, filing income tax returns (ITR) has become more streamlined, thanks to the income tax e-filing website that automatically fills in details related to salary and i... Read More
New Delhi, July 30 -- Until October 2024, companies paid a buyback tax at an effective rate of 23.3%, including surcharge and cess. Shareholders received the buyback proceeds tax-free. The Union budg... Read More
New Delhi, July 28 -- Income earned by freelancers from foreign clients-whether through contracts, content creation, or platforms like YouTube and X (formerly Twitter)-is fully taxable in India. But t... Read More
New Delhi, July 22 -- When Divya Saini graduated with an engineering degree in 2017, she never imagined that just four years later she would be living in Seattle and working for a top tech firm. Star... Read More