By: Mark Linington - Executive Tax, Bowmans Government efforts to stimulate private sector investment in major infrastructure projects could be stymied by the unintended consequences of limiting the ...

The Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India (ICMAI), both set up under Acts of Parliament, have demanded that their members be treated as ...

Professional bodies advocate for inclusion of cost accountants and company secretaries in Income Tax Bill 2025 definition of ...

Learn about the common types of income: earned, passive, and portfolio. Discover tips and strategies to maximize your income.

ICSI and ICMAI have urged the Indian government to include company secretaries and cost accountants under the definition of 'accountant' in the Income Tax Bill. The bodies argue that this recognition ...

The new bill aims to simplify the existing Income Tax Act and one of the key changes introduced in the New Income Tax Bill, 2025, pertains to the concept of the 'tax year.' ...

MUMBAI: The New Income Tax Bill 2025, which will replace the 1961 Act, is an attempt at simplifying the tax rules. While the ...

As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...

The new Income Tax Bill 2025 consolidates salary provisions for clarity, incorporating previous deductions into the salary ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

How do taxes on tips work? Tips are considered taxable income. But not all income is taxed; that depends on the amount a worker actually earns. Median weekly wages, including tips, are $538 among ...

The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital ...