Mandatory Reporting: Investors and entities dealing in VDAs must submit transaction details to the tax authorities ... Taxpayers should consider sticking with the old regime if - 1.
The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to Rs 10 lakh. Also, they can file their ITRs if they didn't do so within the ...
Income tax Budget 2025 LIVE: Finance Minister Nirmala Sitharaman presented Union Budget 2025-26 on Saturday, February 1, and declared that under the new tax system, those earning up to ₹12 lakh ...
Union Budget 2025: The government aims to initiate "transformative reforms" across six domains, including taxation and financial sector, in Union Budget 2025-26, Finance Minister Nirmala ...
As Finance Minister Nirmala Sitharaman presented the Union Budget 2025, speculation resurfaced about the potential phase-out of the old tax regime. Presenting the Budget, Sitharaman today said ...
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Union Finance Minister Nirmala Sitharaman addressed growing discussions about eliminating the old tax system in India, highlighting that there are no plans to abolish it. Speaking at the ...
The Finance Minister said that she has no plans to scrap the old tax regime. "I don't have any proposal to shut it down," said Finance Minister Nirmala Sitharaman on plans about old tax regime.
And if you were hoping to stay loyal to the old tax regime, sorry, no goodies for you! Listen to Story Budget 2025-26 offers no tax up to Rs 12 lakh under new regime Old tax regime lacks benefits, ...
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