The Income Tax Department has revised ITR forms for 2026-27 to enhance transparency and simplify the tax filing process. Here ...

From negative gearing to family trusts, the proposed tax reforms are expected to raise billions in extra revenue.

Changes to negative gearing, capital gains tax and family trusts are expected to be unveiled in Tuesday's budget.

The New Income Tax Act, 2025 replaces multiple TDS and TCS provisions with consolidated Sections 392, 393 and 394 effective from FY 2026-27. The reform simplifies compliance, introduces code-based ...

Rates stay steady: Long-term capital gains rates for 2026 remain at 0%, 15%, or 20%, with thresholds adjusted for inflation. Short vs. long term: Short-term gains are taxed at ordinary income rates, ...

Estimates by researchers at Yale found that closing the carried interest loophole could lead to billions more in tax revenues ...

Berkshire Hathaway Q1 2026 earnings rise as Greg Abel takes over as CEO. Operating profits jump, insurance leads gains, cash ...

EVANSTON, Ill., May 07, 2026 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus” or the "Company”), a ...

Gujarat High Court held that reassessment proceedings could not continue where Revenue failed to establish any independent material connecting assessee to alleged cash transactions. Section 148 notice ...

Filing the correct Income Tax Return form is crucial. and taxpayers must select forms based on income sources. Here are the ...

Amid a surge in owner-user office purchases, a tax kicker in the One Big Beautiful Bill Act is sweetening deals across the ...

HOUSTON, May 7, 2026 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the first quarter ended March 31, 2026. Unless ...