The Tribunal held that a short delay caused by hospitalisation must be condoned when supported by evidence. Procedural lapses cannot defeat substantive ...

A man's Rs 4 lakh donation to a political party for an 80GGC tax deduction was flagged as suspicious. The Income Tax ...

ELSS funds are popular for tax savings under Section 80C, offering a blend of equity exposure and long-term growth potential.

The Tribunal held that deduction under Section 80JJAA cannot be denied merely because Form 10DA was accepted late when it was uploaded before the due date and available on record before return ...

ELSS does not offer tax deductions under the New Tax Regime. However, it still has the potential to deliver strong returns and create wealth. With a three-year lock-in period, ELSS can help investors ...

Section 80C is among the most widely used tax-saving provisions, covering contributions and payments such as PF deposits, life insurance premiums, ELSS, PPF, NSC children’s tuition fees and principal ...

With medical inflation racing ahead of incomes and tax relief, India’s middle class is slipping into underinsurance. Budget ...

As Budget 2026 approaches, income tax expectations are rising across India. Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on Februar ...

Union Budget 2026 introduces a new Income Tax Act effective April 1, 2026, offering major relief through simplified ...

ELSS funds continue to stand out in 2026 not just for tax savings under Section 80C, but for long-term wealth creation, with ...

Rescheduling could equate to a tax break of around $2.3 billion dollars for the marijuana industry, one estimate shows.

FM Nirmala Sitharaman has announced that senior citizens will now be allowed to submit Form 15H just once through their ...