The current car perquisite policy under the Income Tax Act, 1961, offers tax benefits for combustion engine cars but lacks ...

Tax refunds for FY 2025-26 have seen a significant drop compared to FY 2024-25. This comes as gross tax collections have ...

There has also been some widening in the tax base. Between FY20 and FY25, the number of individual return filers has grown 36 ...

Direct tax collections jumped 8.8% YoY to ₹18.37 trillion as of mid-January 2026, according to the official data collected ...

Courts have ruled that references to the TPO cannot be made mechanically. The key takeaway is strict compliance with CBDT Instruction No. 3/2016 is mandatory for ...

The Central Board of Direct Taxes (CBDT) has raised fresh concerns about the risks posed by virtual digital assets (VDAs) ...

Ahead of Budget 2026, investors and tax experts are seeking capital gains reforms, including a cut in LTCG rates to 10 ...

The Supreme Court’s landmark ruling against Tiger Global in the Flipkart tax dispute has sent ripples through the ...

Supreme Court rules Tiger Global’s Mauritius share sale taxable in India, reshaping India–Mauritius DTAA and signaling ...

While the Finance Bill may bring minimal changes, new rules under the Income Tax Act, 2025, could reshape taxpayer rights, ...

The earlier ruling had granted capital gains tax relief to the PE firm, which had used its Mauritius-based entity, Tiger ...