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Govt Exempts Foreign Investments in G-Secs from Capital Gains Tax, Issues Ordinance

Govt Exempts Foreign Investments in G-Secs from Capital Gains Tax,...

As present FIIs have to pay Long Term Capital Gains (LTCG) tax of 12.5 per cent on their gains from investment in equity...

5 Jun 2026 11:40 AM IST

SFT And TDS Data Are Major Sources Of Tax Officials

SFT And TDS Data Are Major Sources Of Tax Officials

L. Vijaya Bhaskara Reddy, director of income-tax (I&CI), Hyderabad, and P. Sankar Pandi, additional director, said SFT...

30 May 2026 12:43 AM IST

New Tax Regime From April 1 Raises Exemptions, Tightens Norms

New Tax Regime From April 1 Raises Exemptions, Tightens Norms

Multiple income tax exemption limits are set to be increased under the new rules, particularly benefiting individuals...

31 March 2026 3:54 PM IST

Draft Income Tax Rules 2026 Propose More Disclosures To Claim HRA

Draft Income Tax Rules 2026 Propose More Disclosures To Claim HRA

Mandatory disclosure of landlord relationship; higher HRA cap for more cities

24 Feb 2026 10:08 PM IST

Amnesty for Small Oversights: FM Announces One-Time Foreign Asset Disclosure Window

Amnesty for Small Oversights: FM Announces One-Time Foreign Asset...

The Budget also provided relief to taxpayers in the form of TCS cuts on foreign travel and money sent abroad for...

1 Feb 2026 7:45 PM IST

CBDT Gearing Up for New Income Tax Act 2025 Rollout from April 1

CBDT Gearing Up for New Income Tax Act 2025 Rollout from April 1

CBDT chairman Ravi Agrawal also said that new rules, procedures and forms were under formulation for this transition

4 Jan 2026 6:09 PM IST

India Has Boarded Reform Exp: Modi Meets India Inc

India Has Boarded Reform Exp: Modi Meets India Inc

Seeks to build world-class capabilities, global integration

30 Dec 2025 7:02 PM IST

I-T Dept. To Notify ITR Forms, Rules of Simplified I-T Act By Next Year

Current Affairs

I-T Dept. To Notify ITR Forms, Rules of Simplified I-T Act By Next...

The Income Tax Act, 2025 was passed by Parliament on August 12. All the different forms applicable under the Income Tax...

17 Nov 2025 8:40 PM IST

I-T Assessee Must Respond to Summons: SC

I-T Assessee Must Respond to Summons: SC

Court directs Centre, States to avoid duplicate probes

17 Aug 2025 12:58 AM IST

Parliament Passes New Income Tax Bill, 2025

Parliament Passes New Income Tax Bill, 2025

Finance Minister Nirmala Sitharaman says the new law simplifies language without changing tax rates amid Opposition...

12 Aug 2025 7:16 PM IST

Income Tax Bill 2025: Important Takeaways for Taxpayers

Income Tax Bill 2025: Important Takeaways for Taxpayers

The new Bill, introduced by Union Finance Minister Nirmala Sitharaman, was passed after discussions and incorporates 285...

12 Aug 2025 9:58 AM IST

IIT Hyderabad gains ‘national eminence’ status, donations now 100% tax-exempt

IIT Hyderabad gains ‘national eminence’ status, donations now 100%...

Dean, alumni and corporate affairs, Prof. Mahendrakumar Madhavan added, “Giving is a joyous feeling, and this full tax...

4 April 2025 12:47 AM IST