Akshata Murty, wife of Britain's finance minister Rishi Sunak, has said that she will start paying UK tax on "all worldwide income," amid controversy over her non-domiciled status.

It is important to analyse the loan features as well as one’s repayment capacity.

It is important to analyse the loan features as well as one’s repayment capacity.

TDS of 1 per cent on transfer of cryptocurrencies is set to come into force from July 1. The responsibility of withholding this tax will be on the buyer, crypto exchanges and brokers, depending on the type of transaction, CBDT has clarified.

Yes, you can avail of some tax benefits on a home loan if you borrow the money from family, friends on new-age lenders. Read on to find out how and to learn more about other tax benefits on home loans.

In the common ITR form, tax filers will be required to answer questions in 'yes' or 'no' format and additional information will be asked accordingly.

Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits

Finance Minister Nirmala Sitharaman also lowered tax rates and allowed more exemptions to make the new regime more appealing to taxpayers

Strap: Under the new tax regime, those earning salaries of up to Rs 7 lakh will not have to pay any tax. Likewise, those claiming deductions of at least Rs 2 lakh will not have to pay any tax under the old regime either.