Dubai: As the Indian government’s tax reforms on property sales continue to affect Non-Resident Indians (NRIs), concerns about the disparity in tax treatment are growing and expats have been urged to ...
That order reads as under:- “Order u/s 92CA(5) r.w. Sec 154 of the Income Tax Act. 1961 As apparent from the records ... The mere submission of replies on the letter head of EHSSIL also fails to ...
India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...
Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...
The Associated Press on MSN12d
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growthMany economists had suggested his government make tax cuts on individuals' income and implement job creation programs to mitigate rising unemployment. According to the Center for Monitoring the Indian ...
Indian Prime Minister Narendra Modi’s government ... She raised the starting point for income tax to $14,800 from $8,074 and said the government will introduce a new income tax bill next week.
Key changes affecting NRIs include greater scrutiny of foreign-earned income. The Indian government will implement enhanced data-sharing agreements with countries involved in Double Tax Avoidance ...
In India, factors such as bracket creep, where inflation pushes individuals into higher tax slabs without a corresponding increase in real income, and the complexity of compliance with multiple ...
In a post on X, Mittal explained that 90% of tax filers in India have an income below Rs 13 lakh per annum, leading to his conclusion that only a small fraction of the population would contribute ...
New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer ...
Income Tax Budget 2025 LIVE: According to the new budget proposal, the Indian government has taken a stricter stance on crypto taxation. Here are the four things crypto investors need to look for - 1.
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