New Income Tax Rules 2025: Here’s what changes for business trusts, securitisation trusts & investment funds
Representative image The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has introduced new amendments to the …
Income Tax
Income Tax Notice Seeking Personal Expenses Details – A Rare Yet Crucial Inquiry
The Income Tax Department has issued a rare notice under Section 142(1) of the Income-tax Act, 1961, seeking detailed information …
Fixed Deposit (FD) Rules Changes in 2025: TDS, Taxation, and Reporting Under SFT
Fixed Deposits (FDs) are one of the most preferred investment options for individuals looking for safe, stable, and guaranteed returns. …
Income Tax dept to crack down on TDS/TCS defaulters, targets 40,000 taxpayers
The income tax department is planning a nationwide crackdown on individuals and businesses that have failed to deduct and deposit …
Tax Calendar March 2025 – Must-Know Deadlines for Income Tax & GST
As we approach March 2025, it’s crucial for businesses and individuals in India to stay informed about key tax compliance …
New ULIP Tax Rules from April 1, 2025
The taxation of Unit Linked Insurance Policies (ULIPs) has undergone several changes over the years. The latest amendments aim to …
New 10-Year Registration Rule for Small Trusts – Effective April 1, 2025
The Indian government has introduced amendments to simplify tax provisions for charitable trusts and institutions registered under Section 12AB of …
New Income Tax Calculator Launched: Instantly Check Your Tax for 2 years, FY 2024-25 and 2025-26
The Income Tax Department of India has introduced a new Tax Calculator Tool to assist taxpayers in computing their tax …
Taxation of YouTube Income in India: Income Tax & GST
In today’s digital era, content creation has become a profitable profession, with platforms like YouTube offering substantial income opportunities. However, …
Income Tax Slab Rate & Tax Treatment of Hindu Undivided Families (HUF)
A Hindu Undivided Family (HUF) is a unique entity under Indian tax laws, which is recognized as a separate taxable …
