While the Income Tax Act 2025 replaces the existing six-decade-old Income Tax Act, 1961, taxpayers are unlikely to see any immediate changes in tax slabs or rates.
New Income Tax Rules, 1962, mandate banks to gather extensive details on account holders and controlling individuals. This includes self-certification status, joint account specifics, and the nature ...
GSTAT concluded that elimination of entertainment tax and other levies reduced the effective tax incidence, requiring suppliers to pass on the benefit to ...
Exercise authority with humility, restraint: President Murmu to Income Tax officers ...
The Punjab government announced the Mukhyamantri Maavan-Dhiyan Satkar Yojana, offering Rs 1,000 monthly to eligible women and Rs 1,500 to SC women ...
From reactive battles to probabilistic, data-driven strategies, the next decade of tax litigation is being reshaped by ...
The Tribunal ruled that an assessment order passed after DRP directions is still subject to revision under Section 263. It held that there is no statutory bar preventing the Principal Commissioner ...
Against this backdrop, endowment plans still exist for one simple reason. They force you to save when discipline does not ...
The government has amended the Income-tax Rules to widen financial account reporting, bringing crypto assets, central bank ...
The central government may delay retail fuel price hikes as it seeks to avoid voter backlash ahead of key state elections while global crude prices remain volatile India may adopt a cautious approach ...
The Punjab government's new financial aid scheme excludes income tax-paying women and government employees from receiving monthly cash support.
The voice against the OPT program that allows international students to gain work experience in US is growing. (Bloomberg) ...
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