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 Recent News – 2025
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
Income tax rebate confusion: Capital gains impact on new ₹12 lakh threshold explained
The calculation of tax rebates continues to be unclear when it comes to income from capital gains. This issue arises
Supreme Court nullifies ₹186 crore tax demand for Patanjali Foods
Patanjali Foods Ltd. has provided a clarification regarding a Special Leave Petition (SLP) filed by the Principal Commissioner of Income
Income Tax Dept uncovers ₹22,000 crore in undisclosed foreign assets and investments: Report
The Income Tax Department has detected ₹22,000 crore worth of undisclosed foreign assets and investments, The Economic Times reported, citing
Individual taxpayers claimed higher tax benefits on political donations than corporate entities
The revenue impact of tax deductions availed by individual taxpayers for donations to political parties has surged post-Covid-19. In fact,
New Income Tax Bill 2025 eases NRI worries, enhances clarity and compliance
The Income Tax Bill 2025 endeavours to create a more transparent and efficient tax environment for NRIs, addressing long-standing challenges
Rules for taxation of non-profit entities combined
The new Income Tax Bill, 2025 has streamlined and simplified provisions related to the taxability of non-profit organisation (NPO), which
