This revised index will be applicable for tax assessments in the assessment year 2026–27, covering income earned during FY26 ...

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, ...

The Central Board of Direct Taxes (CBDT) has increased the cost inflation index (CII) used for calculating inflation-adjusted ...

Ministry of Finance announces amendment to Section 48 of the Income-tax Act, 1961, introducing a new cost inflation index effective from Assessment Year ...

The Cost Inflation Index (CII) is a number issued every year by the Central Board of Direct Taxes (CBDT). It helps taxpayers ...

Key Takeaways Bitcoin sales in India are taxed at a flat 30% plus 1% TDS, regardless of profit size or holding ...

The government has changed the PAN card rules. From July 1, 2025, an Aadhaar card is mandatory for applying for a PAN card. If you do not have an Aadhaar, you will not be able to get a PAN card. Go ...

Many Indian startups are missing out on a powerful tax benefit under Section 80-IAC of the Income-tax Act. Eligible businesses can legally pay zero income tax for three years, freeing up crucial funds ...

Understand mandatory CSR under India's Companies Act, 2013, and its tax treatment. Learn about disallowances, Section 80G deductions, and GST implications for CSR ...

Looking ahead, HSBC noted that upcoming festive seasons may provide a demand push, though promotional offers are expected to ...

The CII is a crucial metric used to calculate inflation-adjusted asset prices, particularly for computing long-term capital ...