Budget 2025: Key personal finance changes announced by FM Sitharaman in last Budget and their impact on taxpayers
In the run-up to Budget 2025, it is an opportune time to recall the key personal finance changes—which, incidentally, were …
Income Tax
Finance Minister Nirmala Sitharaman’s budget team: Meet THESE 5 faces behind Union Budget 2025
Finance Minister Nirmala Sitharaman will present Union Budget 2025-26, her eighth consecutive budget, on February 1. Continued spending on infrastructure, …
EPFO Introduces New Features for Members in 2025: know
The Employees’ Provident Fund Organization (EPFO) has introduced several significant changes in 2025 to enhance administrative efficiency and improve the …
These cash transactions may attract up to 100% penalty by Income Tax Department
The Income Tax Department while acknowledging Indian society’s affinity with cash transactions warned that the Income Tax Act, 1961 discourages …
Pre-Budget Consultation 2025-26: Key Highlights from Jaisalmer Meeting
Union Finance Minister Holds Pre-Budget Consultation in Jaisalmer Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired a …
New Six-Year Rule for TDS/TCS Correction Statements: Hurry! File TDS Corrections Before the March 2025 Deadline
Amendment to Section 200(3): Timeline for Filing Correction Statements The Finance Act (No. 2), 2024, introduced a crucial amendment to …
PAN 2.0: A Digital Leap in Taxpayer Services
The Permanent Account Number (PAN) has long been a cornerstone of India’s financial and administrative systems, connecting individuals and businesses …
How will the new PAN card system work?
The Cabinet Committee on Economic Affairs (CCEA), led by Prime Minister Narendra Modi, has approved the PAN 2.0 project, a …
CBDT released (FAQS) ON PAN 2.0
FREQUENTLY ASKED QUESTIONS (FAQS) ON PAN 2.0 PROJECT QUESTION 1 What is PAN 2.0? PAN 2.0 Project is an e-Governance …
Direct Tax Code implementation likely to take longer? When will we get new DTC?
The Income-Tax Act review, announced in the budget in July, could take longer than the anticipated six months, with an …
