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The Union Budget 2026-27 has not introduced any changes in income tax rates and slabs. However, it has introduced new ...

In keeping with the spirit of Jan Vishwas, ease of living, and to reduce the burden of litigation and compliance, Budget 2026 ...

The issue was whether reassessment survives when no addition is made on the reasons recorded for reopening. The Tribunal held that such reopening is invalid, making the entire reassessment ...

GK: Today's entire system is governed by the Income Tax Act, 1961. It was implemented from April 1, 1962 but its foundation ...

The Tribunal held that search-based reassessments issued beyond six assessment years are barred by limitation. Revenue appeals were dismissed as the statutory time limits could not be ...

The Defence Research and Development Organisation (DRDO) on Tuesday successfully conducted a flight test of its Solid Fuel Ducted Ramjet (SFDR) techn ...

Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...

Finance Minister Nirmala Sitharaman presented her ninth consecutive Budget on Sunday, 1 February. In her about 85-minute ...

Budget 2026 Tax Slabs explained. Check latest income tax rates, key changes, and features of the New Tax Act presented in the Budget and Know how Budget 2026 impacts taxpayers.