Finance Bill 2025 introduces new provisions under Section 285BAA of the Income-tax Act, mandating the furnishing of information about crypto-asset transactions. The bill requires reporting entities to ...

There's about 1,200 bills filed but only some of them will become law. Here, we're tracking the bills that actually progress ...

Donald Trump aspires to replace the income tax, or as much of it as he can, with revenue from tariffs. He said so last June, and he repeated his intentions in his inaugural address. Yet the financial ...

The Delhi High Court found that the reassessment notice under Section 148 issued for the assessment year 2016-17 was indeed time-barred, as the prescribed limitation period had expired on 31.03.2023.

(4) On and from the 1st day of April, 2025, the power of the Settlement Commission under this section shall be exercised by the Interim Board and the provisions of this section shall mutatis mutandis ...