income tax
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New ITR Rules Make It Harder to Claim Tax Deductions in Old System
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New ITR Rules Make It Harder to Claim Tax Deductions in Old SystemNew changes have been made by the Income Tax Department for individuals who want to file ...

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CBDT Publishes Revised Income-tax Act, 1961 with 2025 Amendments
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CBDT Publishes Revised Income-tax Act, 1961 with 2025 AmendmentsThe tax department has released the latest version of the Income-tax Act that includes all ...

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State Govt faces backlash for deducting 30% TDS on cash rewards given to sportspersons
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Reward or Windfall? Odisha’s Sports Champions Face a Massive 30% Tax Deducted at SourceThe Odisha government has been taking a big chunk of money from the ...

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Key TDS Triggers for Small Taxpayers; Individual & HUFs
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Here are 7 important Key TDS Triggers for Small Taxpayers every Individual & HUF should know. 1. Buying a House; Value More Than Rs. 50L? Deduct TDS @ ...

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Income Tax releases FAQs on TCS on Luxury Goods: Know the change
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The Government on Tuesday has notified list of goods of the value exceeding ten lakh rupees for collection of tax at source (TCS). Accordingly, TCS Return ...

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Four New CBDT Members Hired by Government
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Four New CBDT Members Hired by GovernmentThe Union government has selected four new members for the Central Board of Direct Taxes (CBDT). On thursday an ...

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Income Tax Bill: Select Lok Sabha Committee to review bill on representation of CSs and CMAs
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Income Tax Bill: Select Lok Sabha Committee to review bill on representation of CSs and CMAs The next sitting of the select Lok Sabha Committee to review ...

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3 Businessmen sentenced to Imprisonment of 1 Year for Tax Evasion
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3 Businessmen sentenced to Imprisonment of 1 Year for Tax EvasionThe Special Court for Economic Offences in Hyderabad on Thursday, found three businessmen ...

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Lawmakers to tackle tax relief bills upon return from spring break
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Rep. Danny Garret, R-Trussville, introduced four bills last week to offer tax relief to Alabamians and the bills are moving quickly as the ...

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Nine Income Tax Reforms NRIs Want
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Budget Expectations 2025: Nine Income Tax Reforms NRIs Want NRIs expect policy changes that will meet their needs, as India prepares for the Union Budget ...

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