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INCOME TAX SIMPLIFICATION
Retired with 100 stocks and Rs 60,000 SIPs? Expert explains how to simplify your portfolio and plan withdrawalsRetirees face a new challenge: managing wealth after decades of building it. Experts advise simplifying complex portfolios, especially thos...- Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly incomeAn investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The exp...
- FPOs hold promise for smallholders, but face structural constraints: StudyFarmer producer organisations (FPOs) are key to integrating smallholders in India, but they are constrained by scale, market access, financ...
- New I-T Act will increase voluntary compliance: OfficialThe Income Tax Act, 2025 will boost voluntary compliance by simplifying provisions and reducing complexity, a senior official said. The rev...
- Turning 60 this year? Senior citizen can file Form 121 to prevent TDS for the Tax Year 2026-27; Check how to avail and key details herePeople turning 60 at any point during the financial year can now claim senior citizen benefits for the full year while filing the new Form ...
- Oberoi Realty & Nirmal Lifestyle get NCLT approval for mergerThe National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty. This move will simplify Oberoi Rea...
- Top 10 winners get Rs 10,000 each: Income Tax Dept organises quiz on Income Tax Act, 2025 with cash prizesThe Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxatio...
- No income tax? This US state proposal ignites hype and serious budget fearsNo income tax states US: South Carolina is set to gradually eliminate personal income tax. This move promises a simpler tax system but rais...
- New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
- New Income Tax Act 2025 to prioritize simplicity and stakeholder engagement, says FM Nirmala SitharamanFinance Minister Nirmala Sitharaman announced the Income Tax Act 2025, replacing the 1961 Act with a simpler, more concise framework effect...
- Explainer: Simplified Income Tax Act, 2025, to come into force from April 1A new Income Tax Act, 2025, will replace the 1961 law on April 1, simplifying direct tax legislation and reducing its volume by 50%. The re...
- Income Tax Dept releases FAQs on new Income Tax Bill, 2025: Check detailsIncome Tax Bill 2025: There has been a significant reduction in the text of new Income Tax Bill 2025, in comparison to the existing Income ...
- Nirmala Sitharaman tables new Income Tax Bill in Lok SabhaThe new Income Tax Bill, introduced in Parliament by Nirmala Sitharaman, aims to simplify and modernise India's tax system without adding n...
- New income tax bill: What it could mean for taxpayers and how it can impact themNew income tax bill, 2025: FM Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the n...
- Will Budget 2025 replace Income Tax Act with new Direct Tax code? Here’s what experts sayDirect Tax Code vs Income Tax Act: The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that ...
- New income tax bill: What should you expect?India's Finance Minister Nirmala Sitharaman announces a New Income-tax Bill in 2024 aimed at simplifying tax laws, stimulating investment, ...
- Elon Musk and Donald Trump plan for a simplified tax code: What it means for your walletElon Musk and Vivek Ramaswamy, potentially under a Trump administration, are considering simplifying the U.S. tax code, possibly implementi...
- Simplify ITR forms, bring 'one rate one section' for TDS: Deloitte surveyA Deloitte survey reveals that most income tax filers in India want simpler ITR forms, easier incentive calculations, and a streamlined TDS...
- I-T dept receives 6,500 suggestions on income tax act reviewThe income tax department received suggestions for the Income Tax Act review. Finance Minister Nirmala Sitharaman chaired a meeting on the ...
- Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax lawsThe govt will invite suggestions from the private sector and tax experts on the Income Tax Act, 1961, starting October. This initiative aim...
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