The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...
India is progressing towards fully automated Income Tax Return filing. Significant steps have already been taken to simplify ...
Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...
At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...
India's tax-to-GDP ratio stands at 19.6%, on par with several global economies yet behind advanced nations like Germany and ...
Union Finance Minister Nirmala Sitharaman will present the Budget for FY 2026-27 on Sunday, February 1, 2026, at 11 am. Indian taxpayers are hopeful that Budget 2026 will bring further relief through ...
Pravin Kaushal writes that joint tax smoothens disparities between high- and low-earning spouses by averaging income across ...
For a growing section of taxpayers - young professionals, gig workers, and freelancers - filing a tax return still remains complex. Multiple income streams, digital transactions, and evolving ...
Experts advise taxpayers to compare both regimes based on their income, deductions, and future plans, and then choose the ...
In the previous Union Budget, the Section 87A rebate was reworked to directly benefit low- and middle-income earners, ...
If the time of refund is greatly delayed, along with no update on the online status, contact the Centralised Processing ...
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