This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...

The taxation of capital gains is one of the most significant components of India’s direct tax structure. Whenever a person sells shares, real estate, gold, mutual funds, or even digital assets at a ...

The move is aimed at removing one of the most persistent compliance pain points for companies.

Union Finance Minister Nirmala Sitharaman has entered the history books after presenting the ninth consecutive Budget.

As India prepares to roll out the new Income-tax Act and Draft Income-tax Rules from April 1, 2026, experts say the changes ...

The draft rules are part of a bigger plan to modernise India's income tax system by changing how individuals think about it, ...

The Indian government has released new draft income tax rules in line with the New Income Tax Act. Discover the new ...

What do the draft income tax rules mean for the common man? How does the calculation math for the old vs new income tax ...

Indians working abroad can claim Foreign Tax Credit (FTC) by filing Form 67. Draft rules propose renumbering it to Form 44, requiring CA certificates for companies and individuals with foreign tax ...

The government has denied that India follows a “multi-layered income-tax structure,” clarifying that income tax is levied ...

The Income Tax Draft Rules 2026 propose higher PAN thresholds, revised cash deposit and withdrawal limits and simplified ...

An NRI faced a proposed 78% tax after ₹14.70 lakh of his property payment was made through his mother’s account and treated as unexplained investment. The ITAT Mumbai deleted the addition after he ...