UNCOVERED: 2 - The Untold Story

Ed Davey promises £17bn income tax cut if Lib Dems are elected

Growth created by rejoining EU single market and customs union would fund change, Davey tells the party’s conference

The Guardian - UK · Sep 22

Rs 14.42 lakh Belgium salary of IT pro triggered tax demand in India after Form 67 was missed; ITAT Bangalore gives relief

Employee with Rs 14.42 lakh salary pays Rs 4.53 lakh income tax in Belgium and asks for credit under the India-Belgium DTAA; Income Tax Dept denied it as no Form 67 was filed; ITAT Bangalore orders relief for him.

The Economic Times · Sep 22

My sister gifted me Rs 37 lakh from land sale. Will she have to pay income tax?

ET Wealth Reader's Query: My sister and I received Rs 37 lakh each from the sale of agricultural land in our native place. She has gifted her Rs 37 lakh to me. Will she have to pay capital gains tax on the gift to me?

The Economic Times · Sep 22

8 States Where Retirees Keep More of Their Social Security Income

Where you retire can affect how much of your Social Security income ultimately stays in your pocket, even when two retirees receive exactly the same...

Saving Advice · Sep 20

Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlines

The Central Board of Direct Taxes has rolled out significant amendments to income tax regulations for 2026, particularly affecting electronic communication and tax recovery processes. The deadlines for registering valuers and income tax professionals have been pushed back, allowing applicants until March 31, 2027, to finalize their registrations.

The Economic Times · Sep 19

5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reason

Bangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the rent. What happened was, five Bangalore landowners signed JDA with builder, later formed partnership firm to develop property; but then the landowners got undisclosed rental income tax notice.

The Economic Times · Sep 19

8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to know

For the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxation schemes should be aware that they may still need to undergo income tax audits, depending on their turnover. Significant updates to Form 3CD's reporting requirements have been implemented for…

The Economic Times · Sep 19

Tax Audit Report deadline: Who needs to upload it by September 30, 2026

The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants will manage the upload of the tax audit report on the e-filing portal, after which taxpayers need to accept and e-verify the tax audit report.

The Economic Times · Sep 18

Cuts to income tax: experts back the measures but warn situation in Portugal may worsen

A cut in income tax and pension bonuses bring some relief amid inflation and clawback measures, but global conditions may yet make matters worse.

Euronews · Sep 17

Pension peril: is it time to unpick the triple lock?

Letters: Readers are divided on whether the triple lock should stay or go

The Guardian - UK · Sep 16