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Less Tax, More Luxury: Why Millionaires Are Moving To Dubai
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere.
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19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
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ITR 2025: Unemployed Or A Student? Here's Why You Should Still File Income Tax Return
Filing ITR is beneficial for students and unemployed individuals, providing proof of income, claiming tax refunds, facilitating large transactions, carrying forward losses, building financial credibility, and easing loan approvals and visa processing
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Parliament Monsoon Session Day 16 Live Updates: Proceedings Of Lok Sabha Adjourned, Rajya Sabha Resumes
 The proceedings of Lok Sabha has been adjourned till 4:00 pm. Meanwhile, the proceedings of Rajya Sabha has resumed.Â
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Income Tax Bill 2025 Withdrawn, New Version To Be Introduced On Monday
The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been formally withdrawn.
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Income Tax Department Enables Online Filing Of ITR Form Number 3
The Income Tax Department informed that it has enabled online filing of the ITR form number 3. Taxpayers who have business income, income from share trading, or even investments in unlisted shares can now file ITR-3 through the e-filing ITR portal.
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India's "Poorest Man" Found In Madhya Pradesh: Income Certified As Zero
Bureaucratic apathy and shocking administrative negligence have once again come to light in Madhya Pradesh's Satna district where official documents certified one man as having zero income and another earning just Rs 3 a year.
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New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP MP and Chairman of the Finance Select Committee, Baijayant Jay Panda said that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or rates.
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ITR Filing 2025: Final ITR Date And What Salaried Taxpayers Need To Know
The CBDT has extended the ITR filing deadline for salaried professionals to September 15, 2025, offering relief due to delayed data and system updates. Self-assessment taxes are still due by July 31, and late filings may attract penalties.
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Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
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How To File Your ITR For AY 2025-26: Step-By-Step Guide For Online And Offline Modes
The process involves declaring income, deductions, and taxes paid, and can be done online through the Income Tax Portal or using an offline utility.
-
ITR Filing FY 2024-25: Revised Deadlines, Penalties And Key Updates
The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing due date for AY 2025-26 from July 31 to September 15.
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"Maid's Family Earns Rs 1.3 Lakh Per Month, Tax Free": Reddit Post Goes Viral
A Reddit post comparing the collective earnings of a family of a domestic help with that of a tax-paying salaried individual has received massive criticism on the platform.
-
Filing Income Tax Return? One Wrong Move Could Cost You Rs 1.5 Lakh
Filing income tax returns requires attention to detail to avoid penalties and defects. Choosing the right tax regime, verifying forms like 26AS and 16, and e-verifying returns are crucial steps.
-
GST Relief For Middle Class Soon: Cheaper Toothpaste, Utensils, Clothes, Shoes
After a series of income tax concessions earlier this year, the Centre is now preparing to extend relief to middle and lower-income households in the form of a reduction in Goods and Services Tax (GST), sources have said.
-
Less Tax, More Luxury: Why Millionaires Are Moving To Dubai
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere.
-
19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
-
ITR 2025: Unemployed Or A Student? Here's Why You Should Still File Income Tax Return
Filing ITR is beneficial for students and unemployed individuals, providing proof of income, claiming tax refunds, facilitating large transactions, carrying forward losses, building financial credibility, and easing loan approvals and visa processing
-
Parliament Monsoon Session Day 16 Live Updates: Proceedings Of Lok Sabha Adjourned, Rajya Sabha Resumes
 The proceedings of Lok Sabha has been adjourned till 4:00 pm. Meanwhile, the proceedings of Rajya Sabha has resumed.Â
-
Income Tax Bill 2025 Withdrawn, New Version To Be Introduced On Monday
The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been formally withdrawn.
-
Income Tax Department Enables Online Filing Of ITR Form Number 3
The Income Tax Department informed that it has enabled online filing of the ITR form number 3. Taxpayers who have business income, income from share trading, or even investments in unlisted shares can now file ITR-3 through the e-filing ITR portal.
-
India's "Poorest Man" Found In Madhya Pradesh: Income Certified As Zero
Bureaucratic apathy and shocking administrative negligence have once again come to light in Madhya Pradesh's Satna district where official documents certified one man as having zero income and another earning just Rs 3 a year.
-
New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP MP and Chairman of the Finance Select Committee, Baijayant Jay Panda said that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or rates.
-
ITR Filing 2025: Final ITR Date And What Salaried Taxpayers Need To Know
The CBDT has extended the ITR filing deadline for salaried professionals to September 15, 2025, offering relief due to delayed data and system updates. Self-assessment taxes are still due by July 31, and late filings may attract penalties.
-
Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
-
How To File Your ITR For AY 2025-26: Step-By-Step Guide For Online And Offline Modes
The process involves declaring income, deductions, and taxes paid, and can be done online through the Income Tax Portal or using an offline utility.
-
ITR Filing FY 2024-25: Revised Deadlines, Penalties And Key Updates
The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing due date for AY 2025-26 from July 31 to September 15.
-
"Maid's Family Earns Rs 1.3 Lakh Per Month, Tax Free": Reddit Post Goes Viral
A Reddit post comparing the collective earnings of a family of a domestic help with that of a tax-paying salaried individual has received massive criticism on the platform.
-
Filing Income Tax Return? One Wrong Move Could Cost You Rs 1.5 Lakh
Filing income tax returns requires attention to detail to avoid penalties and defects. Choosing the right tax regime, verifying forms like 26AS and 16, and e-verifying returns are crucial steps.
-
GST Relief For Middle Class Soon: Cheaper Toothpaste, Utensils, Clothes, Shoes
After a series of income tax concessions earlier this year, the Centre is now preparing to extend relief to middle and lower-income households in the form of a reduction in Goods and Services Tax (GST), sources have said.
