Several key changes in financial rules, set to come into effect from Dec. 1, will affect pensioners and taxpayers.

The Tribunal held that exemption under Section 13A does not automatically relieve the payer from deducting TDS on interest paid to political parties. It found the earlier High Court ruling relied upon ...

Many taxpayers experience delays in receiving their income tax refunds, often due to errors made during the filing process.

The first step is to verify whether the refund has been processed at all. Log in to the Income Tax e-filing portal and check ...

Submit response with supporting proof such as challans, Form 16, etc.

Tax authorities have uncovered Rs 888.82 crore in undisclosed income during search and seizure operations. Discrepancies between trading records and tax filings prompted the issuance of mass notices.

From December 1, several new financial rules will come into effect, impacting pensions, tax filings and fuel prices.

The Income Tax Department has introduced a separate Schedule VDA in ITR forms, and this is where all crypto-related income must be disclosed, a tax analyst said.

The advisory explains that registrations will be automatically suspended if bank account details are not furnished within 30 days. It highlights the process for updating details and restoring ...

Payroll in India is becoming complex. Learn how payroll outsourcing improves accuracy, compliance, and efficiency for growing ...

Generally, the delay in transactions is due to technical reasons. However, refunds are typically credited into the bank ...

Reaching 1 million subscribers unlocks major earning potential. With good views and brand deals, creators earn big, but the ...