In its pre-Budget memorandum to the finance ministry, ICAI has flagged Section 247 of the Income Tax Act, 2025 that allows ...

Institute of Chartered Accountants of India (ICAI) today said the government must decriminalise direct taxes, limiting ...

Mumbai: With the Union Budget 2026-27 just days away, expectations around income tax relief are rising among salaried individuals, pensioners and small taxpayers. Experts and industry bodies have ...

The Institute of Chartered Accountants of India (ICAI) has proposed tax reforms for the Union Budget 2026-27, aiming to reduce litigation and ease compliance.

Reforms by India’s accounting regulators will exempt renewable energy contracts from financial instrument treatment, ...