The government has denied that India follows a “multi-layered income-tax structure,” clarifying that income tax is levied ...

Taxation in India is the primary tool for the government to generate revenue, which is subsequently used for infrastructure ...

As India prepares to roll out the new Income-tax Act and Draft Income-tax Rules from April 1, 2026, experts say the changes ...

Income Tax Budget 2026 highlights: Finance minister Nirmala Sitharaman, during the presentation of Union Budget 2026-27, announced that the New Income Tax Act, 2025, will come into effect from April 1 ...

◀︎前回：【難読漢字】「枉げる」正しい読み方は？「事実を枉げる」などと使われます 難読漢字クイズ Vol.4723 「読めそうで読めない」「間違えると、ちょっと恥ずかしい」「習ったはずなのに思い出せない」そんな難読漢字をクイズで出題！ ●第1問 「迄ぶ」正しい読み方は？ 漢字検定準1級の問題です 正解は ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ＜正解＞ 「迄ぶ」＝「およぶ」 ●第2問 「篤志家」正しい ...

Exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to 31 August, key updates for individual taxpayers ...

While it is not discussed as widely as income tax, professional tax is crucial for individuals earning incomes from their ...

Budget 2026 introduces significant perquisite rule changes, lowering taxable housing valuations and increasing tax-free ...

India's tax structure is becoming more progressive, with direct taxes accounting for 58.5% of total collections in FY25.

The Income Tax Draft Rules 2026 has proposed hikes in transport allowance, children’s education allowance, hostel allowance, disability transport allowance and underground allowance.

The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.

Explains how agricultural income is fully exempt under Section 10(1) but can impact tax rates on other income. Covers ...