Budget 2025: Tax simplification, middle class relief, and MSME support on the cards
As the Union Budget 2025 approaches, key themes such as tax simplification, easing tax payments, and boosting middle-class income are […]
Income Tax Recent News – 2025
Is There New, ‘Simpler’ Income Tax Act in Budget 2025? What Sources Said
The Direct Tax Code – a new income tax bill meant to simplify compliance for individual taxpayers – will be
Used donation to a political party for income tax deduction? IT dept is sending warning SMS; if it was a mistake file ITR-U by March 31, 2025
The Income Tax Department has a warning message for all taxpayers, including the salaried class as it asks taxpayers to
Senior citizens expect tax relief and higher returns in Budget 2025
With the Union Budget 2025 set to be presented by Finance Minister Nirmala Sitharaman on February 1, expectations are high
Taxpayers can now claim 87A tax rebate on special income as ITR utility software has been fixed; but it’s subject to disputes and litigations
In a highly anticipated final judgment, the Bombay High Court gave its order on 24 January, 2025, that the Income
Income Tax dept conducts search operations at IIFL over alleged tax evasion
The Income Tax (I-T) Department is conducting search operations at the office of IIFL Group. According to CNBC-TV18 sources, these
Budget 2025-26: Income Tax Cuts and Increased Gold Tariffs Anticipated, Says Report
Mild cuts in personal Income Tax rates to boost consumption and concessional Corporate Tax scheme for manufacturing hubs and FDIs
Salaried class likely to get some relief from Finance Minister Nirmala Sitharaman in Union Budget 2025-26
The salaried class can expect some good news from the Union Budget 2025-26 to be presented on February 1 with
Tax disputes: India’s struggle with amnesty schemes
India has seen multiple tax amnesty programmes, starting with the “Tyagi scheme” of 1951 and the “sixty-forty scheme” of 1965. There was even
Reform tax laws in budget to reduce cost of compliance
The Union Budget is just round the corner and expectations are peaking over cuts in the personal income tax rates.