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 ...
13 Apr, 2026, 06.01 PM IST
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....
01 Apr, 2026, 02.19 PM IST
New income tax regime: Monthly TDS returns, HRA tax rule recast on wish listOut of the total suggestions, about 450 suggestions are relevant and have been picked up by the department for further deliberation. These ...
27 Feb, 2026, 12.01 AM IST
India revamps tax regime in 2025, new I-T Act to take effect from April 1India revamped its tax system in 2025, slashing Goods and Services Tax rates and increasing income tax exemptions. The focus now shifts to ...
25 Dec, 2025, 10.55 AM IST
Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road mapDirect Tax code Uion Budget 2025: The news report indicates that the government can bring a new income tax bill in the Budget 2025 session ...
30 Jan, 2025, 12.18 PM IST
Income tax expectations from Budget 2025: Simplify income tax slabs, cut income tax rates, clarify residency laws, allow income tax refunds to overseas bank accountChanges introduced in the Union Budget 2024-25 indicate the Government's commitment to simplify the tax system, enhance compliance and prom...
24 Jan, 2025, 04.17 PM IST
ICAI bats for concessional tax regime for partnership firmsThe Institute of Chartered Accountants of India has proposed a special tax regime for partnership firms in light of the 2024 Budget review ...
03 Jan, 2025, 09.55 PM IST
Tax reforms, simpler customs procedure top Budget wishlistIndian industry bodies met with revenue secretary Sanjay Malhotra. They presented their tax proposals for the upcoming budget. The Federati...
07 Nov, 2024, 11.55 PM IST
Finance Minister Nirmala Sitharaman defends tax measures through Union Budget in Lok SabhaFinance Minister Nirmala Sitharaman announced on Wednesday that recent amendments to the Finance Bill ensure no additional tax burden for l...
07 Aug, 2024, 05.41 PM IST
Capital gains tax rationalisation was industry's demand, says Revenue SecyRevenue Secretary Sanjay Malhotra defended the capital gains tax rationalization, stating it was industry-demanded. He highlighted the budg...
26 Jul, 2024, 11.31 PM IST
66 pc taxpayers opted for new ITR filing regime in current season: CBDT chairmanThe Central Board of Direct Taxes (CBDT) chief said about 7.5 crore ITRs were filed the last time at the end of the deadline on July 31. Th...
24 Jul, 2024, 08.49 PM IST
Interim Budget: Capex & R&D push, simplified taxes top India Inc's wishlistInterim Budget: The Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (Ficci) on Wednes...
25 Jan, 2024, 12.10 AM IST
Steps to make new tax regime more attractive; clear and concise capital gains tax regime expected: Tapati Ghose, DeloitteThe new tax regime may see further widening of slabs and reduction of tax rates. A clear and concise capital gains tax regime is expected t...
23 Jan, 2024, 02.45 PM IST
Right time to expand GST coverage to all sectors; converge tax slabs: India IncThe all-powerful GST Council Friday extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of ...
21 Jun, 2019, 10.55 PM IST
GST Council meet on May 4, simplifying returns on agendaThe 27th meeting of the Council will be held through video conferencing and will also mull over the proposal of converting GSTN into a gove...
25 Apr, 2018, 03.31 PM IST
Simpler regime? Government plans to ease fund-raising by startupsIt is also examining if there is a need to clarify on taxation of convertible instruments, an issue which had been flagged by startups.
14 Mar, 2016, 10.53 AM IST
BJP vows to end policy paralysis; Ram Temple remains core agendaUnveiling a roadmap for eco revival via good governance, BJP said that its govt will develop domains like labour-intensive manufacturing an...
07 Apr, 2014, 06.12 PM IST