Upon exercise and allotment, the employee acquires beneficial ownership of foreign equity shares. Such exercised ESOP shares are generally regarded as reportable foreign assets, irrespective of ...

Taxpayers face strict TDS and transfer-pricing filing deadlines. Starting December 1, key financial regulations will undergo changes that impact taxpayers, pensioners, and everyday consumers. As the ...

I am an NRI living in Dubai and have investments in Indian listed stocks. One of the companies I invested in did a buyback in March, on which Tax Deducted at Source (TDS) was deducted. At that time, I ...

The Income Tax Department has introduced a separate Schedule VDA in ITR forms, and this is where all crypto-related income must be disclosed, a tax analyst said.

Two MEPs who failed to secure party's nomination for the presidential election were among those to address 'tense' party ...

Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...

Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...

Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...

A revised return can be filed before assessment or notice, while an updated return may be filed thereafter. “Once proceedings ...

From Aadhaar digitisation and UPI security upgrades to new income tax slabs and pension reforms, here's a roundup of key ...