NEW DELHI (Reuters) -Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of ...

For many honest taxpayers, the unexpected arrival of an income tax notice in their inbox can trigger anxiety. However, most ...

As the ITR filing season for FY 2024-25 begins, understanding potential Income Tax Department notices is crucial. Ignoring ...

RBI cuts policy rate by 50 bps to 5.5%, aiming to boost growth amid low inflation. Expectations rise for improved domestic ...

According to income tax rules, employers must file their e-TDS return ... Associate Director, Nangia Andersen India - a tax consulting firm, says, "Form 16 is a certificate of tax deducted at source ...

On February 1, 2025, in her 74-minute Union Budget speech, Finance Minister Nirmala Sitharaman said there will be no tax on income up to ₹12,00,000 per annum, under the New Tax Regime (NTR).

Sikkim remains the only state in India where residents are completely exempt from paying income tax, irrespective of their earnings. This rare financial advantage is protected under Article 371(F) of ...

Citing clause 247 of the new income tax bill, India Today reported that starting April 1, 2026, the designated income tax officers will have the right to access your emails, social media ...

The new Income Tax Bill 2025, presented in the Lok Sabha on Thursday by Finance Minister Nirmala Sitharaman, will result in improved tax compliance, experts told Forbes India. The new bill also ...

New Income Tax Bill 2025 Live Updates: Finance Minister Nirmala Sitharaman tabled the New Income Tax Bill in Parliament today with an aim to eventually replace the Income Tax Act 1961. The New ...

NEW DELHI, Feb 13 (Reuters) - India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which ...

New Income Tax Bill: Finance Minister Nirmala Sitharaman, in her 2025-26 Budget speech, announced that the government will introduce a new Income Tax Bill in the Parliament. The new Income Tax ...