The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...

The Budget accelerates migration to the Income Tax Act, 2025 with wide procedural and structural changes effective from April ...

The Income Tax Department has released draft rules under the new Income Tax Act, 2025, to simplify provisions and reduce ...

Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.

Tax refunds are expected to be big this year. Learn what the fastest and safest way is to get yours and how to track it.

The proposals extend due dates for non-audit taxpayers and allow revised returns up to 12 months with late fees. The takeaway is more time to comply without forfeiting correction ...

While the new Act lays down the law, the rules explain how taxpayers, professionals and authorities will implement it in ...

The IRS claims you should receive your tax refund 3 weeks after filing your tax return, but here's how to figure out exactly ...

Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.

Finance Minister Nirmala Sitharaman is set to present Budget 2026 in a few hours as she already reaches the finance ministry. Ahead of Budget 2026, taxpayers are expecting income tax cuts like last ...