Institute Management Committee of Government ITI Peth Vs ITO (ITAT Pune) Income Tax Appellate Tribunal (ITAT) Pune allowed an appeal filed by the Institute Management Committee (I ...
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 ...
Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
As per Budget 2025, starting April 1, 2025, all insurance policies acquired from an IFSC registered office will receive tax ...
The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income ...
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 ...
Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
The announcement of the 2025 Union Budget brought relief to many taxpayers, particularly those with an income of up to ₹12 ...
If you're a salaried employee, you could be saving up to Rs 96,000 in tax annually, all thanks to the NPS and standard ...