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income tax act

New Income Tax Bill to be taken up for discussion in monsoon session, Nirmala Sitharaman says

March 25, 2025 by Pooja Gupta
New Income Tax Bill to be taken up for discussion in monsoon session, Nirmala Sitharaman says

The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala …

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Income tax rebate confusion: Capital gains impact on new ₹12 lakh threshold explained

February 20, 2025 by Pooja Gupta
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 …

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Direct Tax Code implementation likely to take longer? When will we get new DTC?

November 27, 2024 by Pooja Gupta
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 …

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Recent Posts

Updated Return (ITR-U) Now Available for AY 21-22, 22-23, 23-24, 24-25

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Finance Ministry issues corrigendum to Income Tax Bill on advance tax interest

Finance Ministry issues corrigendum to Income Tax Bill on advance tax interest

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