The Income-Tax (I-T) Department has detected widespread tax evasion involving cryptocurrencies and, according to media reports, has issued emails to thousands of defaulting taxpayers seeking......
'Expectations are high regarding the change in LTCG with respect to equity investments.' Illustration: Dominic Xavier/Rediff.com Any changes to the existing capital gains tax structure --......
Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024–25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000......
The new restriction will be challenging for businesses, as they will have to do regular follow-ups with their suppliers. Illustration: Dominic Xavier/Rediff.com Industry fears that the Goods and......
The reimbursement components of your salary require you to furnish bills before they become tax-exempt. Producing them may be difficult this year. Illustration: Uttam Ghosh/Rediff.com If you think......