The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...
The much-awaited Income-tax Bill, 2025 (Bill) which is proposed to be effective from April 1, 2026, has been laid before the ...
It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...
“NRIs shall still continue to face a 20 per cent tax on dividend and interest income from Indian companies, with a reduced 10 ...
The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...
One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...