The changes involve simplifying the language and rationalizing information by using formulas and tables, and no adjustments to tax rates and policy
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Budget 2025 expectations: A proposed revamp of the Income-tax Act of 1961 is currently being finalized and will likely be issued for public consultation around mid-January, according to people familiar with the matter.
The changes involve simplifying the language and rationalizing information by using formulas and tables, and no adjustments to tax rates and policy
The changes involve simplifying the language and rationalizing information by using formulas and tables, and no adjustments to tax rates and policy
The Income-Tax Department has extended the deadline for filing belated or revised income tax returns for fiscal year 2023-24 from December 31, 2024,...
The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in the Union Budget...
The Union Budget 2025, scheduled to be presented on February 1, 2025, has sparked high expectations among salaried individuals and taxpayers across...
Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman is urged by EY to raise the basic income tax exemption limit from Rs 3 lakh...
As the tax season kicks off, the Department of Revenue and Customs (DRC) is taking steps to make tax filing more accessible and efficient for...
By Keli‘i Akina If you’ve ever been to Hawaii, you might wonder why anyone would leave the state. Its beauty and fair weather are...
Budget 2025: Finance Minister Nirmala Sitharaman will present the Union Budget 2025 in February. RSS-affiliated organisations have proposed raising...
President-elect Donald Trump has signaled he plans to focus the first months of his administration on passing border security legislation, which means...