Banks and cooperative banks are required to report to the Income Tax Department if someone deposits ₹10 Lakh or more during a single financial year.

NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of ...

If you miss the December 31, 2025 deadline of linking PAN with Aadhaar, your PAN card will be deactivated from January 1, 2026. Therefore, don’t let a small step mistake up big financial plans and ...

Madras High Court held that Tax Recovery Officer needs to lift attachment of the property based on orders passed by the highest fact finding authority has attained finality and there is no payment ...

If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has ...

A taxpayer lost all deductions for AY 2024–25 as late ITR e-verification made her return belated, forcing her into the new tax regime. Timely verification is now ...

Federal filing relief is now available for individuals and businesses in the Sisseton-Wahpeton Oyate Tribal Nation affected by severe storms and flooding that began on June 12, 2025. These taxpayers ...

Under the new tax regime (Section 115BAC), individuals can still claim the 30% standard deduction on the net annual value of ...

The simplest way to avoid an income tax notice is to file your Income Tax Return (ITR) before the due date. Make sure the ...

Inheritance Funding reports probate delays can arise from will disputes, incomplete documents, complex assets, outstanding ...

In October 2025, investors from multiple SGB series are receiving redemption proceeds credited directly to their bank ...

Filing is mandatory for all companies and firms (including LLPs), regardless of whether they made a profit or incurred a loss ...