No tax deductions for settling legal proceedings under certain laws
No tax deduction can be claimed for settling legal proceedings under four laws including Securities and Exchange Board of India …
Income Tax Act 1961
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 …
Income-tax Bill 2025, tabled in Parliament today : key features
Finance Minister Nirmala Sitharaman’s announcement in Parliament today marks a significant step in India’s fiscal policy reforms. The Income Tax …
Union Cabinet approves New Income Tax Bill
The Union Cabinet on Friday approved the new Income Tax Bill, reported PTI citing sources. The bill, which will replace …
