Tax Guru5d
Carried forward losses cannot be set-off against exempt capital gains under DTAA
The appellant, TVF Fund Ltd, raised multiple objections primarily concerning the applicability of tax provisions under the Income Tax Act, 1961, and the Double Taxation Avoidance Agreement (DTAA) ...
Indiatimes6d
PGIM India ELSS Tax Saver Fund Regular-Growth
2. Investment into ELSS schemes qualify for tax deduction under Section 80C of the Indian Income Tax Act. 3. Gains of more than Rs. 1 lakh after completion of 3 years will be taxed at a rate of 10% ...
Indiatimes6d
Quant ELSS Tax Saver Fund-Growth
2. Investment into ELSS schemes qualify for tax deduction under Section 80C of the Indian Income Tax Act. 3. Gains of more than Rs. 1 lakh after completion of 3 years will be taxed at a rate of 10% ...
Mint4d
The income tax gambit to ramp up India’s growth
India’s formal income tax system was first introduced in 1860 by the British to recover losses from the 1857 rebellion. The Income Tax Act was enacted in 1886 and has since undergone multiple ...
The Financial Express3d
How the New Income Tax Bill could impact taxpayers
This bill, set to replace the six-decade-old Income Tax Act, 1961, aims to simplify tax ... bill is likely to bring a transformative shift in India’s taxation system by focusing on ...
New Income Tax Bill likely to be tabled in Parliament today, How is it different from 60-year-old Income Tax Act? All you need to know
The New Income Tax Bill will not change the existing tax slabs but will replace the present concept of assessment and ...
The Free Press Journal3d
New Income Tax Bill 2025 To Be Tabled This Week: Here Is How It Will Impact Indian Taxpayers
After a major budget that saw the FM making some crucial announcements regarding direct taxation in India, the New Income ... replace the 60-year-old Income Tax Act of 1961. The Union Cabinet ...
jagranjosh.com2d
What Is The New Income Tax Bill 2025? Explained
What is the New Income Tax Bill? The New Income Tax Bill 2025 is a proposed legislation aimed at simplifying and modernizing India's income tax system. The bill focuses on several key reforms ...
The New Indian Express6d
Cabinet clears new income tax bill; to be introduced in Parliament next week
According to sources, the new income tax bill will now be introduced in the Parliament next week and would be sent to Parliament's Standing Committee on Finance. NEW DELHI: The Union Cabinet on ...
Business Today5d
Union Cabinet clears new Income Tax Bill 2025 to replace existing Income Tax Act-1961: Report
is set to replace the current Income Tax Act, 1961, according to government sources cited by news agency PTI. The main objective of the bill is to streamline and modernise India's tax system by ...
moneycontrol.com5d
Income Tax Bill likely to be introduced in Lok Sabha in coming week: FM Sitharaman says 'hopeful to ...'
Finance Minister Nirmala Sitharaman on Saturday said that she was hoping to bring the Income Tax Bill in the coming week and thereafter it will go to a parliament committee. Talking to reporters ...