Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...

The objective of the new Bill is to streamline the Income Tax Act, making it more succinct, understandable, and user-friendly ...

Amit Kumar Gupta, a legal practitioner at the Supreme Court of India, even thought the Indian government was overly strict when setting up crypto regulations, describing the rules as “draconian”. He ...

India’s finance minister Nirmala Sitharaman has disclosed that digital assets should be added under undisclosed income in a ...

etc requirements There is no doubt that the Indian Income Tax Act is a regressive legislation exempting one class of income earners from income tax (agriculture income, many of whom will not be ...

Dividends and Taxes Most stock dividends on long-term investments are subject to a lower rate than that for ordinary income. The Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA ...

Budget 2025: The upcoming Union Budget is seen with high hopes from Non-Resident Indians (NRIs), with a focus on simplifying the 182-day residency rule and easing Tax Deducted at Source (TDS) ...

The Union Budget 2024-25 is just around the corner, and as Finance Minister Nirmala Sitharaman prepares to unveil the roadmap for India’s economy ... comprehensive review of the six-decade old Income ...

The new law will replace the 63-year-old Income Tax Act. The bill will be introduced and potentially tweaked based on feedback from taxpayers and experts.

For the resident landlord, they can directly file the withholding tax return and pay taxes online via their e-filing account. Also read: What NRIs need to know about Indian income tax rules Ease ...

The issue is whether the capital gains arising from the sale of Bitcoin ETFs should be subject to taxation under Section 115BBH, Section 50AA, or Section 112 of the Indian Income Tax Act, 1961. Getty ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...