Direct indexed tax loss harvesting is a strategic approach to managing your investments that can provide significant tax ...
The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.
As the IRS begins processing tax returns for the 2024 fiscal year, understanding the timeline and methods for filing can ...
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
Sharjah has announced a new tax for businesses in the emirate. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council ...
Finance Minister Nirmala Sitharaman on Thursday introduced the Income Tax Bill, 2025, in the Lok Sabha and urged the speaker of the house, Om Birla, to constitute a select committee to examine the ...
BJP MP Tejasvi Surya praised the new Income Tax Bill, stating it will modernize and simplify India's Direct Taxation System, ...
Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant changes to ...
The new Income Tax Bill is intended to simplify the direct taxation regime in India and replace the Income Tax Act of 1961 ...
Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...
No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...
To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...