Professional bodies advocate for inclusion of cost accountants and company secretaries in Income Tax Bill 2025 definition of ...
Several redundant Chapters and Sections in the 1961 Act are omitted. The Tax Administration should endeavour to maintaining ...
The upcoming Income Tax Bill has left tax residency criteria unchanged, providing relief to Non-Resident Indians. NRIs ...
The PBO also assumes that other social supports would be cut to implement the basic income, resulting in a net cost to the ...
The new Income Tax Bill that was introduced in the Parliament by Finance Minister Nirmala Sitharaman on Thursday has not ...
The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...
The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in ...
Small asteroid 2022 EB5 impacted Earth was discovered by Krisztián Sárneczky using the 0.60-m Schmidt telescope at Konkoly ...
The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital ...
wichayada suwanachun / Getty Images Tax-exempt interest is a type of income that is not subject to income tax at the federal, state, and/or local level. The most common source of tax-exempt ...
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
clarity on non-resident taxation, definition of capital gains, and the concept of a “tax year” to replace the confusing term “assessment year”. The bill extensively defines virtual digital ...