The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier ...
The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.
Active Income vs Passive Income Meaning, Tax Implications and Wealth Creation Strategy In personal finance and taxation, ...
With the discontinuance of the use of the term ‘assessment year’ in the Income-tax Bill, now the term ‘tax year’ will now be ...
For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried ...
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