Tax evasion crackdown: Haircuts to household spending – Low fund withdrawals on I-T dept’s radar
The Income Tax Department is keeping a very close watch on low fund withdrawals by some individuals, an Economic Times […]
Income Tax Recent News – 2025
Claimed 87A tax rebate for capital gains? Income-Tax Dept sending demand notices
Tax rebate under Section 87A helps taxpayers lower their tax liability under both tax regimes – old and new. Before
Delhi HC denies capital gains tax exemption u/s 54F claim by a widow who bought two non-adjacent flats in Noida
A widow reinvested the money received from sale of a plot of land situated in Jaipur in AY 2013-14 (FY
Number of individuals filing ITR with income more than ₹1 cr surged 43% in FY25
Number of individual income tax return (ITR) filers has jumped over 43 per cent in fiscal year 2024-25, data till
Experts seek clarity on new Income Tax rules for NPOs
While the Income Tax Bill, 2025 has consolidated the tax laws governing non-profit organisations (NPOs), tax experts have sought more
Income Tax Calculator: Will Your Capital Gains Be Excluded For Calculating Rs 12 lakh Rebate? CBDT Clarifies
Finance Minister Nirmala Sitharaman in her Budget Speech 2025 announced that there will be no income tax payable on annual
Income Tax Bill 2025: CBDT can frame rules for ITR forms, review credit card bills, bank accounts
The Centre has introduced the 2025 New Income Tax Bill in an effort to streamline and simplify the current tax
Income Tax Bill 2025 offers forex adjustments for non-residents on unlisted shares
The Income Tax Bill 2025 introduces key amendments addressing foreign exchange fluctuations in capital gains taxation for non-resident investors, a
Income Tax Bill 2025: New Bill clarifies carry forward of house property losses
The New Income Tax Bill 2025, which aims to replace the Income Tax Act 1961, seeks to simplify and simplify
After the big Income Tax Act overhaul, the grunt work begins by CBDT
India announced an overhaul and implementation of a brand new Income Tax Act called Income Tax Act, 2025 in the
