G.S.R. 125 (E).— In exercise of the powers conferred by section 285 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...

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 ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

Nirmala Sitharaman will table the new income tax bill in Lok Sabha on Thursday, February 12. Thereafter, it will be referred ...

The government has tried to remove redundancies in the Income Tax Act-1961, under the Bill to be ... For FY26, the projected growth is 10.4%; and for taxes on income, the forecast is 14.4%.

Guide: The new income tax regime under Budget 2025 allows tax-free income up to ₹12 lakh. Taxpayers earning just above this ...

Union Finance Minister Nirmala Sitharaman tabled new Union Budget for the Country on February 1. Finance Minister Nirmala ...

While still prohibited by federal law, most states and D.C. have legalized cannabis for medical or recreational use (or both) ...

Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income ...

The new tax regime offers lower tax rates without any deductions. On the other hand, the old tax regime provides several deductions under various Sections of the Income Tax Act, 1961, though the ...

India's Finance Minister Nirmala Sitharaman revealed significant changes to the country's tax laws, which will now encompass cryptocurrencies under Section 158B of the Income Tax Act. This section ...