Understand Income Tax in India for FY 2025-26, including the latest tax rules, new & old tax slab rates, deductions, exemptions, special tax rates, and the complete ITR filing process under the ...
The new Income Tax Bill has been tabled in Parliament today. The new Income Tax bill, effective from April 1, 2026, will replace the current Income Tax Act 1961. The new bill aims to simplify the ...
Taxpayers want the Budget to make transition to new tax law simpler, slabs to be inflation-adjusted, deductions to be ...
The new year is about to begin, and the biggest question facing taxpayers is how much income tax they should expect to pay in ...
When the Finance Act, 2024 rewired the tax treatment of share buybacks, it upended a long-standing system that had—with all ...
Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...
Explains how Section 113 mandates surcharge on undisclosed income despite missing references in earlier Finance Acts. Clarifies legislative intent to tax high-income ...