The main objective of the new income tax bill is to streamline the existing Income Tax Act of 1961 to enhance comprehension of income tax laws among the general public and minimise legal disputes.

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...

The Centre announced a slew of tax-related changes in Budget 2025, presented by Finance Minister Nirmala Sitharaman. Here are ...

The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or ...

Keeping track of your Tax Deducted at Source (TDS) has never been easier. If you want to check your TDS status online, this ...

Key budget changes include raising TCS threshold for remittances, tax exemptions for withdrawals, modified ULIP tax rules, ...

The Indian Income Tax Department classifies cryptocurrency income under 'Income from Other Sources.' Hence, any gain or ...

The interest earned on FD is fully taxable, which is considered ‘income from other sources’. The amount of TDS collected on ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

In pay-out type FDs, much like shown in the above table, no TDS will be deducted as the principal and interest amount will ...

State Bank of India (SBI) offers SBI Green Rupee Term Deposit Scheme, which is aimed to mobilise deposits to support the bank ...

Mumbai: Denying bail to income tax inspector Tanaji Adhikari, arrested in 2023 Rs 264 crore money laundering case, a special ...