Amitabh Bachchan has become India's highest tax-paying celebrity for 2024-25, paying ₹120 crore on earnings of ₹350 crore, ...

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 ...

Amitabh Bachchan has emerged as India's highest tax-paying celebrity for FY 2024-25, surpassing Shah Rukh Khan. The ...

The IRS has started the 2025 tax filing season, advising early submission due to potential processing delays from staffing adjustments. Refund processing timelines include 21 days for electronic ...

The highest import tax demand in India's history has also rekindled investor worries that lengthy disputes could stymie their plans. India says Volkswagen used a clandestine scheme to import auto ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Choose from Income Tax Filing stock illustrations from iStock. Find high-quality royalty-free vector images that you won't find anywhere else. Video Back Videos home Signature collection Essentials ...

India Post offers five schemes to allow people to save tax on income of up to ₹1.5 lakh per annum.

Khan had declared an income of Rs 83.42 crore in his tax return, but the tax officer reassessed it as Rs 84.17 crore and denied him foreign tax credit (FTC) for taxes paid in the UK. Listen to Story ...

Experts pointed out that the new income tax bill proposed for FY2026-27 would require taxpayers to file their ITR by the due date to claim refunds, unlike the current I-T rules, which allowed for ...

business trusts are required to file statements of income distributed to investors with the Commissioner of Income Tax (CIT) by June 15, instead of November 30. The updated forms, including Form 64A ...