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 ...
Bill contains 23 chapters as against 47 in the 1961 Act; 536 provisions as compared to 819; and 260,000 words as opposed to ...
New Income Tax Bill disappoints with exclusion of group taxation and TDS removal, missing opportunity for simplification and ...
By trimming word count by 40-50% and eliminating confusing phrases, the new Income Tax Bill makes itself more accessible to ...
Cryptocurrency might not be strictly illegal in India, but heavy taxation has made it more difficult to operate a crypto ...
Considering the recent changes in the new tax regime during the Budget 2025, one of my blog readers asked "Are Bank Fixed ...
SBI green rupee term deposit: The Reserve Bank of India (RBI) on April 11, 2023 issued a set of guidelines regarding the framework for acceptance of Green Deposits as part of mobilising funds for ...