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New Income Tax Bill may Receive Cabinet Approval Tomorrow: Here’s What You Need to Know!

The Union Council of Ministers, a.k.a. The Union Cabinet is expected to give approval towards the new Income Tax Bill tomorrow - Friday, 7 February, 2025. Following cabinet assent, the Bill shall be...

New Income Tax Bill may Receive Cabinet Approval Tomorrow: Here’s What You Need to Know!
Avinash Kurungot

Income Tax Dept set to roll out "PRUDENT" Framework for Tax Administration in 2025

In his end-of-year address to the Income Tax Department, chairman Ravi Agrawal revealed that the Central Board of Direct Taxes (CBDT) is set to enhance its operations in 2025 by adopting a so-called...

Income Tax Dept set to roll out PRUDENT Framework for Tax Administration in 2025
Manu Sharma

Budget 2025 Proposes to Include Retail schemes and Exchange Traded Funds (ETFs) in relocation Relocation Regime of funds of IFSCA

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Lok Sabha yesterday. The Finance Minister had proposed to include such retail schemes or Exchange Traded Funds (...

Budget 2025 Proposes - Retail schemes - Exchange Traded Funds (-ETFs - relocation Relocation Regime - funds - IFSCA - taxscan
Yogitha S. Yogesh

Budget 2025: 15 Key Income Tax Changes Every Individual Taxpayer Must Know

Finance Minister Nirmala Sitharaman, in her Budget 2025 speech on February 1, announced significant revisions to income tax slabs and rates to create a more progressive taxation system. These changes...

Budget 2025: 15 Key Income Tax Changes Every Individual Taxpayer Must Know
Kavi Priya

Budget 2025 Proposes Exemption on life insurance policy from IFSC Insurance offices

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on February 1st, 2025 at 11:00 AM before the Parliament. In order to provide parity to non-residents availing life insurance from...

Union Budget 2025 - Budget 2025 Proposes Exemption - life insurance policy - Taxscan
Yogitha S. Yogesh

Litigation Delays excluded from Limitation Periods for passing Income Tax Orders: FM proposes in Budget 2025

The Union Finance Minister Nirmala Sitharaman presented the Union Budget of 2025 before the parliament on Saturday at 11 AM. This is the eighth time the FM has presented her budget, which is indeed a...

Litigation Delays excluded from Limitation Periods for passing Income Tax Orders: FM proposes in Budget 2025
Saagarika Gopinath

Budget 2025 Proposes New Time Limit for Refund Claims under Customs Act

Finance Minister Nirmala Sitharaman presented the Union Budget for the Financial Year 2025-26 in the Lok Sabha, followed by the release of the Finance Bill 2025. Among the significant amendments...

Budget 2025 Proposes New Time Limit for Refund Claims under Customs Act
Kavi Priya

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