Representative image (Picture credit: ANI) India’s net direct tax collections for the ongoing financial year 2025-26 declined by 1.39 per cent to Rs 4.59 lakh crore as of June 19, mainly due to a sharp surge in refund issuances, according to government data released on Saturday. In the same period last year, net direct tax…
New Income Tax Rules: देश में नए इनकम टैक्स कानून बनाने की शुरुआत हो चुकी है. सद में इनकम टैक्स विधेयक 2025 को पेश किया जा चुका है जिसपर संसद की सेलेक्ट कमिटी विचार कर रही है. और टैक्सपेयर्स होने के नाते आप भी नए इनकम टैक्स कानून बनाने में योगदान दे सकते हैं. सेंट्रल…
New Income Tax Bill: Largely, there are no changes to the definition of residency or even salary related provisions for that matter. By Parizad SirwallaNew Income Tax Bill 2025: Representing a historic milestone in India’s tax landscape, Hon. Finance Minister – Madam Nirmala Sitharaman has presented the Income Tax Bill, 2025 (Bill) in the Parliament…
New Income Tax Bill: Taxpayers are quite keen to understand how these changes will impact their tax matters and responsibilities. By Rama KarmakarNew Income Tax Bill 2025 explained: The proposed Income Tax Bill, 2025 (‘new bill’) expected to come into effect on 01 April 2026, which will replace the existing Income Tax Act, 1961 (‘Act’),…