While the proposal to raise the threshold of nil income tax to ₹12 lakh for individuals has received attention, there are other positive announcements in the budget for the economy’s growth. Image: ...

The Finance Bill, 2025, proposes an amendment to Section 115UA of the Income-tax Act, which governs the taxation of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), ...

“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...

The Finance Bill 2025 proposes amendments to clarify the taxation of Unit Linked Insurance Policies (ULIPs). Under Section 10(10D) of the Income-tax Act, exemption on life insurance proceeds is ...

The government has proposed an amendment to the Income Tax Act, requiring designated reporting entities to disclose transaction details of virtual digital assets (VDAs).

CBDT Chairman, Ravi Agrawal, on Sunday said that revisions in the tax slabs should bring nearly all the individual taxpayers to the new income tax regime. Speaking in an interview with PTI, the ...

Finance Minister Announces Major Tax Reforms in Budget 2025 In her Union Budget 2025 speech, Finance Minister Nirmala ...