Ministry of Finance, through Notification No. 16/2025 dated February 12, 2025, has notified the Real Estate Regulatory Authority (RERA), Punjab, for tax exemption under Section 10 (46A) (b) of the ...

Ans. The non-residents who enter into such transactions are benefited as the income from the aforementioned transactions is exempt. This will also benefit the FPIs in that there will be more ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

ULIPs to which exemption under clause (10D) of section 10 does not apply, shall be included in the definition of equity ...

the old income tax regime might remain unchanged. Currently, the new tax regime offers a basic exemption threshold of Rs 3 lakh. There are expectations that this threshold could be raised to Rs 5 ...

Budget 2025 has clarified that ULIPs where annual premiums exceed Rs 2.5 lakh a year or 10 percent of the sum assured will be ...

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

III. For Agnipath scheme: Income earned via Agnipath scheme is entitled to tax exemption under section 80CCH section. The scheme is a recruitment program for the Indian Armed Forces.

Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

Income from the Agnipath Scheme (Section 80CCH) Allowances Still Exempt under New Tax Regime 2025 Transfer-Related Allowance: Tax-free transition expenses can be claimed by employees relocating ...