In December, the Income-tax Department sent SMS and email alerts flagging mismatches in reported income and non-disclosure of ...

High salary earners are receiving 'nudge' notices from the Income Tax Department. These notices prompt employees to correct errors like undeclared property income, crypto gains, and ESOPs. The ...

The Budget proposes PAN-based compliance, digital certificates, and lower LRS TCS rates. At the same time, stricter monitoring rules widen the compliance ...

Texas Attorney General Ken Paxton’s rampant TDS — that’s Transgender Derangement Syndrome — strikes again, with chest binder ...

SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement.

Senior citizens in India who have zero tax liability have received a major compliance relief. A recent procedural ...

New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

The Tribunal held that mere transfer of funds to a state undertaking does not shift statutory TDS liability. Without proof of lawful discharge of TDS, penalty was ...

The ITA 2025 broadly retains current TDS rates, advance tax instalments, and audit thresholds, but consultants with multiple income streams may not qualify for presumptive taxation.

Cross-border money can become messy without a simple plan. Clear roles for each account reduce friction, ease recordkeeping, and support compliance with India-f ...

If you are earning rent from a property in India, an NRO account is usually the cleanest way to receive it. This account is ...

Teacher Ciara Reilly referenced this in a piece in the Irish Examiner on Wednesday: “The SNA role has quietly narrowed to a ...