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Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
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Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
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American Woman Files Court Case To Classify Pet Dog As Dependent: 'She's Like My Daughter'
An American woman sued the IRS to have her golden retriever legally classified as a dependent for tax purposes.
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ICSI Announces Online Doubt Clearing Classes For December 2025 Company Secretary Exams
Classes for Executive and Professional Programmes will run from November to December 2025, with sessions scheduled in morning and afternoon slots on specific topics.
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CBDT Extends ITR Filing Deadline For Companies And Audited Taxpayers To December 10
According to the tax law, October 31 is the deadline for ITR filing for those who have to get their books of accounts audited.
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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
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Invested In US Stocks? Beware Of This Hidden Tax Trap, Warns Veteran Investor
His warning highlights the importance of understanding tax implications when investing abroad.
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"States Need To Be Compensated For Revenue Losses": P Chidambaram On GST Move
P Chidambaram -- Congress's former Union Minister who handled the finance portfolio -- said today that while the rationalisation of the Goods and Services Tax law is welcome, it is eight years too late.
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Ukraine’s Parliament Backs Draft Law to Legalise, Tax Crypto and Virtual Assets
Ukraine’s parliament has approved the first reading of a crypto legalisation bill that introduces an 18 percent tax on digital asset profits. Lawmakers believe the framework could help recover up to $10 billion (roughly Rs. 88,000 crore) lost to crypto crime while aligning with EU rules. The move signals Ukraine’s intent to integrate crypto int...
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Explained: What Happens To Trump's Tariffs After US Court Knocked Them Down
US President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path.
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Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
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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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Trump's Tariffs Leave A Lot Of Losers. But Even Winners Will Pay A Price
President Donald Trump's tariff onslaught this week left a lot of losers - from small, poor countries like Laos and Algeria to wealthy US trading partners like Canada and Switzerland.
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Trump Injects New Dose Of Uncertainty In Tariffs As He Pushes Start Date To August 7
When Trump signed the order Thursday night imposing new tariffs, the start date of the punishing import taxes was pushed back seven days.
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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.
-
Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
-
Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
-
American Woman Files Court Case To Classify Pet Dog As Dependent: 'She's Like My Daughter'
An American woman sued the IRS to have her golden retriever legally classified as a dependent for tax purposes.
-
ICSI Announces Online Doubt Clearing Classes For December 2025 Company Secretary Exams
Classes for Executive and Professional Programmes will run from November to December 2025, with sessions scheduled in morning and afternoon slots on specific topics.
-
CBDT Extends ITR Filing Deadline For Companies And Audited Taxpayers To December 10
According to the tax law, October 31 is the deadline for ITR filing for those who have to get their books of accounts audited.
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
Invested In US Stocks? Beware Of This Hidden Tax Trap, Warns Veteran Investor
His warning highlights the importance of understanding tax implications when investing abroad.
-
"States Need To Be Compensated For Revenue Losses": P Chidambaram On GST Move
P Chidambaram -- Congress's former Union Minister who handled the finance portfolio -- said today that while the rationalisation of the Goods and Services Tax law is welcome, it is eight years too late.
-
Ukraine’s Parliament Backs Draft Law to Legalise, Tax Crypto and Virtual Assets
Ukraine’s parliament has approved the first reading of a crypto legalisation bill that introduces an 18 percent tax on digital asset profits. Lawmakers believe the framework could help recover up to $10 billion (roughly Rs. 88,000 crore) lost to crypto crime while aligning with EU rules. The move signals Ukraine’s intent to integrate crypto int...
-
Explained: What Happens To Trump's Tariffs After US Court Knocked Them Down
US President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path.
-
Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
-
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.
-
Trump's Tariffs Leave A Lot Of Losers. But Even Winners Will Pay A Price
President Donald Trump's tariff onslaught this week left a lot of losers - from small, poor countries like Laos and Algeria to wealthy US trading partners like Canada and Switzerland.
-
Trump Injects New Dose Of Uncertainty In Tariffs As He Pushes Start Date To August 7
When Trump signed the order Thursday night imposing new tariffs, the start date of the punishing import taxes was pushed back seven days.
-
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.
