New Income Tax Bill 2025 explained: Top 30 FAQs every taxpayer should check
Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 in Lok Sabha, set to replace the Income Tax Act ...
Home Loans Get Cheaper! EMI Comparison For Rs 30 Lakh, Rs 50 Lakh & Rs 1 Cr After RBI Rate Cut
The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...
The Financial Express4hOpinion
An inequitable tax structure
As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...
Trump Approves Reciprocating Tariffs With US Trading Partners; How Will It Impact India?
During 2021-24, the US was the largest trading partner of India. And the impact of Trump’s reciprocal tariffs on India will ...
The Financial Express5hOpinion
Transformative milestone for taxation in India
Whether it’s the Finance Bill, 2025, or the new Income Tax Bill, the detailed FAQs provided by the income tax department ...
Is It Time To Have A Luxury Tax In Place?
One of the most popular Indian cricketers is said to own 70 bikes and at least a dozen luxury cars. Data from the Federation ...
FT8h
VAT revenue collection: Maldives highest, Sri Lanka lowest
Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax ...
Opinion
India’s new income tax bill: It’s more concise and makes for a friendly tax law
The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...
Pound jumps as Trump considers currency manipulation
The pound has risen to its highest value this year as the US Treasury said the Trump administration is considering currency ...