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SALARY TAXATION SIMPLIFICATION
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....- Income Tax Act 2025: 5 things that will change for taxpayers when new laws replace old rulesIndia's new Income Tax Act, 2025, effective April 1, 2026, aims to simplify tax rules and enhance compliance. Key changes include the intro...
- Untaxing days ahead for Indians?India's new direct tax law in 2025 simplifies income tax. It introduces a uniform tax year and consolidates salary exemptions. Optional joi...
- Budget 2026: Ficci pushes for tax certainty, faster dispute resolutionCorporate India is rallying for crucial reforms as the budget season approaches. Their wishlist highlights the necessity for minimized lega...
- Parliamentary panel proposal on dividend in I-T Bill may bring relief to India IncA parliamentary panel suggests reinstating a key deduction in the Income Tax Bill 2025. This move offers relief to India Inc by preventing ...
- 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 ...
- Income Tax Bill 2025: 'Scope of virtual digital assets unchanged'The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital assets. The bill ...
- New income tax bill to be introduced in Lok Sabha today; primary objectives include ease of paying taxes, more direct rulesThe Income Tax Bill 2025 aims to simplify the tax system by dropping obsolete provisions, decriminalizing many offences, and introducing a ...
- Will 'Lakshmi' bless taxpayers? High expectations of income tax relief for poor, middle class in Budget 2025 todayIncome tax expectations: The Union Budget 2025 will be presented today by finance minsiter in Parliament at 11 AM. There is an expecation a...
- Govt should prioritise review of Income Tax Act, get it passed as money bill: SBI ResearchSBI Research has called for a quick review of the Income Tax Act, urging that it be introduced as a money bill for faster passage. The repo...
- What FM gave and took away from you in Budget 2024 impacting your money and taxesWho gains and who losses in Budget 2024: The finance minister Nirmala Sitharaman has announced many changes in the Budget 2024 presented to...
- Budget 2024: What stock investors, salaried employees expect from Nirmala SitharamanThe Budget 2024 is anticipated for its potential impact on salaried employees. Expectations include reforms to boost market confidence, suc...
- PE, VC funds could be treated as separate class of investorsThe Customs, Excise & Service Tax Appellate Tribunal, Bengaluru, in a July 2021 order held that service taxes were applicable on expenses i...
- D-St, India Inc no better or worse than beforeThe budget was very realistic with respect to GDP growth estimates and FY21 fiscal deficit.
- Moving to clean up the system, bring in transparencyAccountability in political funding is a huge positive. The idea of people subscribing to bonds for political funding will reduce black mon...
- Top five expectations from realty sector which could touch $180 billion by 2020The activity in the real estate sector over the past few years have been muted, which led to few new launches as well as higher inventory p...
- Budget 2017: Government should bring in simplification of tax lawsThough there are certain issues between centre and state government over processes and implementation, I hope government will redress such ...
- WTO panel to discuss India's paper on TFA in services on Oct 6India is pitching for this agreement with a view to reduce transaction costs by doing away with unnecessary regulatory and administrative b...
- No cumbersome disclosures! Simplified tax return forms to be notified by next weekITR forms for this year sought details of bank accounts and foreign visits. They had specific columns for accounts, including ones paid by ...
- With assumptions running around, there is a need to revisit the facts on taxationThere are bits of the direct part connected with expenditure, wealth, gift and estate duty, but those aren’t quantitatively significant.
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