
The concept of Previous Year and Assessment Year, thus, were creating confusion in the minds of taxpayers as they represented…
As the current financial year nears its end, taxpayers rush to maximize deductions and minimize liabilities. Here are some last-minute…
With India’s real estate market projected to contribute 13% to the GDP by 2030, these tax reforms are poised to…
High exemption limits pushing govt to rely on indirect taxes which burden lower-income groups.
Whether it’s the Finance Bill, 2025, or the new Income Tax Bill, the detailed FAQs provided by the income tax…
Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant…
Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have accumulated…
The New Income Tax Bill aims to simplify and modernize India’s tax structure, making compliance easier for taxpayers while ensuring…
The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification…
The revised tax system is set to be implemented starting from the fiscal year 2025-26, affecting taxpayers in the assessment…
The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought…
Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate — are…
Sitharaman announced in her budget speech that the new Income Tax Bill will be introduced in Parliament “next” week. The…
Old Vs New Tax Regime: For individuals earning Rs 15 lakh annually, opting for the old tax regime can result…
Salaried individuals can increase their tax-free income to Rs 13.7 lakh under the new tax regime by utilising NPS employer…
The Union Budget 2025 has brought meaningful relief for senior citizens enhancing their financial security.
The new structure will significantly enhance the accessibility of the middle class by leaving them with more disposable income.
Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other categories…