Under the provisions of section 87A of the Act, an assessee, being an individual resident in India, having total income not exceeding Rs 5 lakh, is provided a rebate of 100 per cent of the amount of ...

The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...

Under prior law, most cities taxed residential long term (30 days or more) rentals with rates varying depending on the local jurisdiction. This law standardizes and simplifies the tax landscape by ...

Credit card debt can be a significant financial challenge when the weight makes it impossible to keep up with your payments. If you're suffering from unmanageable credit card ...

The 67 page Bombay High Court judgement says yes taxpayers should be given the option to file their ITR with Section 87A ...

The Union Budget FY26 is a measured, pragmatic approach towards keeping fiscal discipline at the core, while nudging growth ...

Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.

It comes in two primary forms: Chapter 7 and Chapter 13 ... child support and most tax debts generally survive bankruptcy. Chat with a debt relief expert about the help available to you now.

Bombay High Court finds Income Tax Department's restriction on rebate claims for certain income types to be unfair and ...

Copper Entities' bankruptcy halts Price Tower sale, unveiling financial woes, art disputes and legal battles over ...

The Union Budget 2025 has introduced several significant changes that will impact personal financial planning for Indian citizens. From tax modifications to new investment schemes, let’s have a look ...