Sovereign Gold Bonds: Sovereign Gold Bonds or SGBs are government securities that let people invest in gold without the need ...

The Bill seeks to replace 298 sections and 14 schedules in the existing Income Tax Act, 1961, with a 622-page new law enshrined in 536 sections, 23 chapters and 16 schedules.

The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...

The Biju Janata Dal (BJD) has stated that it will thoroughly examine the Joint Parliamentary Committee (JPC) report on the ...

Perquisites and Profits in Lieu of Salary are important components of taxable income under the Income Tax Act of 1961. These ...

As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make it more transparent, efficient, and business-friendly. Expected to be tabled ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

Kolkata recently allowed the appeal of Terai Fruits Company in a case concerning a penalty levied under Section 270A of the Income Tax Act. The case originated from a reassessment proceeding where the ...

And this is important because India’s ‘viksit’ dreams cannot be achieved by making its masses splurge in malls or on ...

FM Sitharaman had first announced a comprehensive review of the Income-tax Act, 1961 in July 2024 Budget.

PPF is one of the most popular long-term saving schemes. The tenure is 15 years, with an option to extend in 5-year blocks.