Big digital players to pay a minimum global tax of 15%

A global deal was agreed by 136 countries, including India, out of…

IT compliances related to the sale of immovable property by NRI in India

When a non-resident Indian sells property located in India, the Income Tax…
SEBI

SEBI approves framework of gold exchange for the trading of e-gold

The regulatory body of securities and commodities, SEBI, has approved the framework…

ITR: Reporting requirements of foreign assets in the income tax return

The residents Indians holding specified foreign assets shall comply with the reporting…

ITAT: Tax planning can be legitimate unless it is within the framework of law

The assessee had sold a property and earned long-term capital gains on…

Is it possible to claim HRA even if you stay with your parents?

House Rent Allowance (HRA) is one of the components of the salary…

Concessional loan provided by the employer amid COVID is taxable

Due to the COVID-19 pandemic, many employees received financial assistance from their…

What Are the Tax Implications on Income From Foreign Stocks in India

The income tax treatment from shares invested in a domestic company varies…
COVID-19 Vaccine

A Look into How India Is Effectively Vaccinating Its Population

So far, India has given more than 73 crores doses of the…

Income Tax Return Filing Due Dates for FY 2020-21 Further Extended!

The CBDT has extended the deadlines for filing an income tax return…