The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...

The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or ...

The new Income Tax Bill 2025 also proposes to replace the term 'previous year' with 'tax year,' and do away with the concept ...

One of the key updates is the replacement of the term "assessment year" with "tax year”, aiming to simplify taxpayer ...

The new Income Tax bill is set to introduce the concept of 'Tax Year'. This will replace the current concept of assessment ...

The new Income Tax Bill, which is scheduled to be tabled on February 13, will classify virtual digital assets, commonly known ...

The Income-Tax Bill, 2025, which is likely to be introduced in the Parliament on Thursday (13/02), rolls out key changes such ...

3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

New York State continues to lose small businesses, the institutions that every community relies on for its tax base, jobs, ...

Capital gains tax liabilities must also be considered. If you were to sell the stock and gift the proceeds, you would need to report any capital gains and pay the tax after accounting for its cost ...

Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...

Definition: STT is a kind of turnover tax where the investor has to pay a small tax on the total consideration paid or received in a share transaction. Description: STT was introduced in the Budget of ...