The CBDT has released the key highlights of the Finance Bill, 2025, explaining that the capital gains will excluded from ...
The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 and ...
Several redundant Chapters and Sections in the 1961 Act are omitted. The Tax Administration should endeavour to maintaining ...
The Indian economy is likely to get a boost from rural demand picking up and a government-announced tax relief that is ...
T Act, which pertains to the New Tax Regime, is applicable by default unless the taxpayer chooses to opt out under specific ...
The Budget 2025 has raised the zero-tax threshold to Rs 12 lakh, offering relief to middle-class taxpayers. However, ...
Additionally, international cooperation is critical, as DeFi transactions often cross borders. Double taxation risks arise when multiple jurisdictions attempt to tax the same income. India could adopt ...
The Modi government’s budget for the 2025-2026 fiscal year provides massive subsidies for corporate India, cuts income taxes ...
The Simplified Income Tax Bill 2025, introduced by Finance Minister Nirmala Sitharaman, will replace the outdated Income Tax ...
Finance Minister Nirmala Sitharaman announced that taxpayers will not have to pay tax for income up to Rs 12 lakh from FY ...