Bombay High Court, in the case of Amrish Rameshchandra Shah Vs Union of India and others, examined the legality of a service ...

It is important to note that this zero tax liability only pertains to the new tax regime that has been in place as the ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

Deloitte Global partners Chad Hungerford and Chris Oates reveal the key practical challenges of pillar two implementation while finding cause for optimism and even excitement in an exclusive podcast w ...

U.S. retail sales fell by 0.9 percent in January after a strong holiday spending, the U.S. Commerce Department ...

The Budget 2025 has raised the threshold of rebate available under Section 87A from Rs 25,000 to Rs 60,000. The basic income ...

Retail and food sales made their largest monthly drop in January since March 2023, marking an end to the buying surge that ...

So, the provisions of section 115BBE of Income tax Act. 1961 have been erroneously imposed by Assessing Officer while passing assessment order. Therefore, the Assessment order passed by Assessing ...

The OECD said the EU nation relies too heavily on corporate tax from multinationals; in other news, Squire Patton Boggs, ...

As compared to the Income Tax Act, 1961, the new Income Tax Bill 2025 proposes to remove proviso and explanations, and ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...