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 ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

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 ...

Section 87A tax rebate: Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is ...

“The proposed hike in tax collected at source threshold on remittances under the Reserve Bank of India's Liberalised Remittance Scheme from ₹7 lakh to ₹10 lakh ... New Income Tax Act which ...

The new tax bill will attempt to simplify provisions of the income tax act, streamline the processes, encourage compliance and reduce litigation. The tax code provides the superstructure for everybody ...

Under the revised slab, tax on income between Rs 8 and Rs 12 lakh will be 10 per cent. Between Rs 12 lakh and Rs 16 lakh it will be 15 per cent. Between Rs 16 lakh and Rs 20 lakh it will be 20 per ...

She raised the starting point for income tax to $14,800 from $8,074 and said ... boosting air connectivity to 120 new destinations over 10 years, Sitharaman said. She also announced the Nuclear ...