It seems that the proposed Income Tax Bill, 2025, has made a minor change in language with the residential status clause.

Wedding gifts and income tax in India: In India, weddings are not just ceremonies; they are big celebrations filled with joy and traditions. Families and friends come together to celebrate the special ...

In India, health insurance isn’t just a safety net for medical emergencies—it’s a smart way to save on taxes. One of the most beneficial provisions in the Income Tax Act is Section 80D, which allows ...