The Government of India has announced that a new Income Tax Act will come into effect on April 1, 2026, replacing the six-decade-old Income‑tax Act, 1961 with a more modern framework known as the Income Tax...
The government has released a draft of income tax rules that outlines proposed changes to the usage of the Permanent Account Number (PAN) beginning April 1. These modifications aim to expand the scope of transactions that...
The Income Tax Department has released draft Income Tax Rules, 2026, proposing significant revisions to when quoting a Permanent Account Number (PAN) will be...
The Income Tax Act offers various investment avenues for tax savings under Section 80C. Two popular options among taxpayers are Equity Linked Savings Schemes...
In 2017-18, I did something that surprised even myself. I spray-painted 3 words on a public wall: #TaxationIsTheft. The media covered it, and surprisingly,...
Finance Minister Nirmala Sitharaman presented Budget 2026 at a time when middle-class households and low-income groups were hoping for tangible tax relief to cushion...
After the cheating case, Shilpa Shetty finds herself in another scrutiny, on Wednesday the Income Tax Department searched the restaurant named Bastian, co-owned by...