By: Admin | February 14, 2025 | Category: New Income Tax Act | 4 Min Read Key Highlights ✅ The Income-tax Bill, 2025 was tabled in Parliament on February 13,…
New Income Tax Bill 2025: Introduction of ‘Tax Year’ to Simplify Tax Filing
By: AdminFebruary 12, 2025Categories: New Income Tax Act4 Min Read The Income Tax Bill 2025 introduces a major change by replacing the assessment year and previous year with a unified…
No Change in Capital Gains Tax Under New Income Tax Bill
By: AdminFebruary 12, 2025Categories: New Income Tax Act4 Min Read The new Income Tax Bill 2025, set for introduction in the Lok Sabha on Thursday, retains the existing capital gains…
CBDT Grants Income Tax Exemption to Real Estate Regulatory Authority, Punjab
By: AdminFebruary 12, 2025Categories: CBDT Notification | Notification and Circular4 Min Read The Central Board of Direct Taxes (CBDT) has issued Notification No. 16/2025 on February 12, 2025. It grants…
New Income Tax Bill 2025: Key Changes, Impact, and What to Expect
Introduction Union Finance Minister Nirmala Sitharaman will present the New Income Tax Bill 2025 in the Lok Sabha today. This long-awaited reform aims to replace the 60-year-old Income Tax Act…
February 2025 Tax Calendar: Key Compliance Deadlines to Watch
By: AdminFebruary 04, 2025Categories: Income Tax News | News4 Min Read Staying on top of tax compliance deadlines is crucial for individuals and businesses in India. Missing key dates can…
[BIG NEWS] New Income Tax Bill Likely to Be Approved by Cabinet Tomorrow: Key Details
By: AdminFebruary 06, 2025Categories: New Income Tax Act4 Min Read The Union Cabinet plans to approve the much-anticipated New Income Tax Bill on Friday, paving the way for its introduction…
Income Tax Department Raids IIFL Over Alleged Tax Evasion
By: AdminJanuary 29, 2025Categories: Income Tax News | News4 Min Read The Income Tax (I-T) Department is conducting search operations at IIFL Group in connection with alleged tax evasion, according…
Bombay High Court Allows 87A Tax Rebate on Special Rate Income, Orders Fix for ITR Utility
By: AdminJanuary 29, 2025Categories: Income Tax News | News4 Min Read Bombay High Court Ruling on Section 87A Rebate In a landmark judgment on January 24, 2025, the Bombay High…
Declaration of Protected Systems under Directorate of Income Tax (Systems)
By: AdminDate: January 29, 2025Category: CBDT Notification | Notification and CircularReading Time: 4 Min Overview of the Notification The Ministry of Finance has issued Notification No. S.O. 498(E) on January…