Due Date for Filing Form 56F Extended
The Central Board of Direct Taxes (CBDT) has provided relief to taxpayers by extending the due date for filing Form …
Income Tax
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 …
Senior Citizens Exempted from Filing ITR in 2025
In Budget 2025 government announced no tax till income of Rs.12 Lakh, this relief is given to all, but also …
Unregistered persons can now generate e-Way Bill for GST compliance, Step-by-step guide on how to file ENR-03 on E-Way Bill portal
The Goods and Services Tax Network (GSTN) has introduced a new feature in the E-Way Bill (EWB) portal through which …
ICSI, ICMAI demand inclusion of co secretaries, cost accountants as ‘accountant’ in Income Tax Bill
Apex bodies of company secretaries and cost accountants have urged the government to include these professionals under the definition of …
Senior Citizens Exempted from Filing ITR in 2025
In Budget 2025 government announced no tax till income of Rs.12 Lakh, this relief is given to all, but also …
New Tax Rules for House Property as per Budget 2025, Save Tax
Simplified Taxation for Self-Occupied House Property: Budget 2025 Update The Union Budget 2025 has introduced a significant simplification in the …
Income Tax department activates section wise mapping of I-T Act, Tax bill
Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in the simplified …
What’s changed in the Income Tax Bill 2025? Key differences between the old and new tax act
New Income Tax Bill In a significant step towards modernizing India’s tax system, Finance Minister Nirmala Sitharaman introduced the Income …
New Income Tax Bill Features & FAQ released
The New Income-tax Bill, 2025 has been tabled in Parliament. The Bill aims to simplify the language of the existing …
