The government has proposed significant simplifications to the Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) provisions in the new Income Tax Bill.
The latest tax reform bill has introduced significant simplifications in the Salary and House Property provisions to enhance clarity and ease of compliance.
Learn about the retention rules for seized documents under Section 132(8) of the Income-tax Act, 1961, and amendments introduced by the Finance Bill 2025.
Discover key changes proposed in the Finance Bill 2025 regarding TDS & TCS rates and thresholds. Stay updated on how these amendments may impact taxpayers and businesses
FAQs - Extending the time-limit to file the updated return
Get a comprehensive summary of the Union Budget 2025-2026, covering key announcements, tax reforms, fiscal policies and their impact on the economy, businesses, and individuals
India's GDP is projected to grow between 6.3% and 6.8% in FY26, with real GDP estimated at 6.4% in FY25. Capex growth, easing inflation, and rising exports signal economic resilience. The Economic Survey 2024-25 highlights key reforms, infrastructure investments, and financial stability driving growth.
The Direct Tax Vivad Se Vishwas Scheme, 2024 (hereinafter referred as DTVSV Scheme, 2024) has been enacted vide Chapter IV of Finance (No.2) Act, 2024 to provide for dispute resolution in respect of pending income lax litigation.
Different types of loan options are available for CAs to fulfil all their fund needs. Read on to know the available options!
Tax professionals, including Chartered Accountants (CAs) and tax consultants, play a critical role in managing the tax compliance and financial planning of individuals and businesses.