New Time Limit for Filing Updated Return in Budget 2025
Extension of Time Limit for Filing Updated Return (Section 139(8A)) in Budget 2025 Current Rules (Before Amendment): Proposed Changes …
Income Tax
New Income tax slab rate under New Regime from F.Y. 2025-26 (A.Y. 2026-27) in Budget 2025
Revised Income Tax Slabs (New Regime) Sl. No. Total Income (₹) Rate of Tax (%) 1 Upto ₹4,00,000 Nil 2 …
All TDS Threshold Limits changed in Budget 2025
Effective changes from 1 April 2025 as per Budget 2025 TDS provisions have various thresholds of amount of payment or …
‘No income tax up to ₹12 lakh’: Middle class erupts in joy at Nirmala Sitharaman’s Budget bonanza
‘No income tax up to ₹12 lakh’: Nirmala Sitharaman’s Budget speech is being seen as a “big relief” for middle-class …
Finance Bill 2025
Link to Download Finance Bill 2025 Link to Download Memorandum Explaining the Provisions in the Financial Bill Link to Download …
Received SMS an 80GGC? Section 80GGC Deduction Under Scrutiny – Avoid These Mistakes!
Recently, many taxpayers have received SMS notifications from the Income Tax Department regarding deductions claimed under Section 80GGC. This article …
Important TDS Updates: TRACES Maintenance & New Form-16 Utility Release
Temporary Downtime of TRACES Website The TDS Reconciliation Analysis and Correction Enabling System (TRACES) website will undergo planned technical upgradation …
Budget 2025 expectations LIVE updates: Tax reforms, industry incentives and more
Budget 2025 expectations LIVE updates: Experts said the following: “1. Higher tax exemption limits under Section 80C: The current limit …
Union Budget 2025: Will standard deduction limit be increased under the old, new tax regime?
Everyone’s eyes are on the finance minister as Budget 2025 draws closer, particularly those in the salaried class. The …
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 …
