Recent changes to India's Income Tax regulations introduce strict penalties for unexplained cash and large cash transactions, ...

India income-tax rules on cash transactions explained by CA Shefali Mundra of ClearTax, detailing penalties, 84% tax, and ...

Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...

Amend Section 486 to read: “Irrespective of anything contained in this Chapter, no person shall be prosecuted for any offence ...

Under the new Income Tax rules, the government has imposed strict restrictions on cash transactions. If you think that money ...

Personal tax plays a crucial role in any country's economic growth and social equity. India is no different. Changes introduced in the Union Budget 2024-25 indicate the Government's commitment to ...

Provides clarity on capital gains taxation, high TDS obligations, and FEMA procedures NRIs must follow when selling property ...

Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its ...

Indian tax laws treat marriage and divorce as key events affecting income, including gifts, clubbing of income, and alimony, ...

Marriage and divorce alter several tax positions for individuals under India’s income-tax framework. Existing provisions ...

Explains why the three laws apply different export tests and highlights the unified approach needed to avoid refund losses, FEMA violations, and tax ...

A lesser-known method is gaining attention, gifting mutual fund units to relatives to legally reduce, or in some cases ...