New income tax slabs, zero tax on income up to Rs 12 lakh, 9 other income tax laws effective from April 1, 2025New Financial Year 2025, new tax laws: Today marks the beginning of the new financial year 2025-26. With the new year, a lot of changes are...
04 Apr, 2025, 07.04 PM IST
Relief for taxpayers in income tax search and requisition cases as government amends the Finance Bill 2025Income Tax: The govt said: "The word ‘total income’ has been replaced with ‘total undisclosed income’ in the marginal heading and in sub-se...
02 Apr, 2025, 11.50 AM IST
Income tax on crypto currency: How did budget 2025 impact the taxation on virtual digital assets?Budget 2025: Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they continu...
10 Feb, 2025, 10.39 AM IST
TDS rules relaxed for lottery, these other incomes: Budget 2025Budget 2025: Now the Finance Minister has removed the aggregate threshold limit of Rs 10,000 for deducting TDS on Winnings from lottery or ...
04 Feb, 2025, 03.54 PM IST
How to file ITR online: A step-by-step guideHow to file ITR: The deadline for filing your income tax return (ITR) for the financial year 2023-24 is July 31, 2024. Many individuals wil...
15 Jul, 2024, 12.01 PM IST
What is the TDS rate for salary, dividend, interest, house rent, cash withdrawal and other transactions for FY 2024-25Tax Deducted At Source (TDS): TDS is levied on many types of incomes like salary, house rent, virtual digital assets (VDA), etc. What is im...
14 Mar, 2024, 10.12 AM IST
Income tax payable on winnings from online, offline games of chanceE-commerce websites like Amazon, CRED, others oftentimes runs free to play gaming contests like spin-the-wheel and others. For the purpose ...
29 Nov, 2023, 02.23 PM IST
Missed ITR filing for FY 2021-22? You may be liable for higher TDS in current FY 2023-24The Union Budget 2022 has amended the existing laws after which missing ITR for even one year can lead to higher TDS/TCS in future financia...
12 Jun, 2023, 11.45 AM IST
Govt introduces two new sections in I-T Act to tax user income from online gamingExperts believe that the move will help the online gaming industry to build a distinct identity for itself without getting clubbed with bet...
01 Feb, 2023, 05.06 PM IST
TDS, TCS rates on interest, dividend, other non-salary payments effective April 1, 2021Effective from April 1, 2021, the TDS and TCS rates on these non-salary payments will be back to their original (higher) levels. Given belo...
20 Apr, 2021, 12.02 PM IST
Non filers of ITR to face higher TDS on interest, other specified incomesThis proposal may be bad news for those who are otherwise not mandatorily required to file income tax return under the tax laws but have to...
01 Feb, 2021, 08.15 PM IST
New TDS, TCS rates from May 14 on fixed deposits, dividends and other non-salaried paymentsThe government has lowered the TDS and TCS rates by 25% on non-salaried payments effective from May 14, 2020, till March 31, 2021. The deci...
14 Dec, 2020, 05.29 PM IST
This is what kept our celebrities awake in 2016From the suicide of Rohith Vemula in Hyderabad to the disappearance of Najeeb Ahmed at JNU, the young are a worried lot.
25 Dec, 2016, 08.09 AM IST
Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
29 Feb, 2016, 04.45 PM IST
BlackBerry Passport: A departure from the normThe Passport gets its name because it has almost the same dimensions as a passport, something that BlackBerry calls the 'universal symbol o...
07 Oct, 2014, 02.15 PM IST
Budget 2011: Finance Bill 2011A BILL to give effect to the financial proposals of the Central Government for the financial year 2011-2012. Be it enacted by Parliament in...
01 Mar, 2011, 01.30 AM IST