Finance Secretary Tuhin Kanta Pandey discusses the new income tax slabs providing relief to individuals earning up to ₹12 ...
Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...
In the new tax regime, the government has made major changes in the income tax slab. In this, the income exemption for ...
For high earners, the new tax regime generally offers more savings, but those with significant deductions may still prefer ...
The Delhi High Court found that the reassessment notice under Section 148 issued for the assessment year 2016-17 was indeed time-barred, as the prescribed limitation period had expired on 31.03.2023.
Following the Budget announcement, reactions have been mixed. Some are praising it, while others are criticising it. Here's ...
The road transport ministry is finalizing a uniform toll policy for national highway users, according to Union Minister Nitin ...
Nageswaran highlighted that the growth in public capital expenditure may not be able to naturally maintain the same pace of ...
New tax regime benefits individuals earning 12-24 lakh rupees annually, saving up to 1.1 lakh rupees in income tax.
The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for ...
Be it tax reforms under the new tax regime or exempting second property from tax for notional rental income are some of the key announcements made by Finance Minister Nirmala Sitharaman.
From infra and agriculture to manufacturing and revised tax slabs, here are the detailed takeaways from the Union Budget ...