For the financial year 2024-2025, Indian tax law treats cryptocurrencies as virtual digital assets (VDAs) under the Income Tax Act, 1961. Section 2(47A) spells out what that means: Any code, number, ...
From April 1, 2026, India’s income-tax forms including Form 16 and Form 26AS will get new numbers under the Income-tax Act, ...
The Union Budget 2026 and the draft Income Tax Bill propose a series of tax reforms aimed at easing compliance and reducing the tax burden for Non-Resident Indians (NRIs). The changes focus on ...
Sin tax: When it comes to India’s taxation policy, the Goods and Services Tax (GST) has been at the centre of debate since its rollout in 2017. Among its various segments, one term that frequently ...