Claim Foreign Tax Credit in India with Form 67. Learn eligibility, filing steps, and best practices to maximize tax benefits.

The new financial year brings revised tax slabs, deductions, and TDS limits. Taxpayers must stay updated to ensure compliance ...

Starting April 1, 2025, new tax slabs reduce the burden on incomes up to Rs 12 lakh, with 30% on earnings above Rs 24 lakh.

The government has amended the income tax slabs under the new tax regime for FY 2025-26. According to the new structure, ...

From severing ties and becoming a non-resident to learning about departure and withholding taxes, here’s what expats can ...

Understanding how to file taxes is a crucial financial skill everyone should master as they start earning. However, since tax education is rarely covered in schools or colleges, many taxpayers find ...

CPA personal financial planners’ ability to discern the story inherent in a client’s tax returns brings unique value to the ...

During a press conference Monday morning in downtown Des Moines, multiple House Democrats spoke on why tax exemptions on tips ...

The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...

ITAT Surat held that interest paid in respect of business profit attributable to section 80P (2) of the Income Tax Act is allowable. Accordingly, AO directed to consider direct nexus of interest paid ...

My relative has gifted me some amount in my NRO (non-resident ordinary) account from her NRO account. I want to transfer this ...

Managing ones financial life can be overwhelming, considering the multiple tasks one needs to fulfil—planning investments, ...