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

The case involved a penalty for alleged non-disclosure of a foreign bank account. The Tribunal held that ambiguity regarding linked currency accounts required fresh verification before sustaining the ...

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 ...

DRDO's successful SFDR technology test advances India's missile capabilities, enhancing long-range air-to-air combat ...

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 ...

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.

Finance Minister Nirmala Sitharaman presented the Union Budget 2026, maintaining unchanged income tax rates and slabs. Key announcements include extended deadlines for revising returns, staggered ...

Finance Minister Nirmala Sitharaman on Sunday, February 1, proposed to increase the time limit for filing the revised income ...

Find the best market expert's advice, recommendation, ideas, news on stock, investment, & more by Avinash Polepally only Moneycontrol.com ...

Income Tax Return (ITR) filing AY 2025-26: If you haven’t filed your ITR for AY 2025-26 yet, you have one last chance. You can file a belated return by December 31st and claim your income tax refund.