Tag: income tax
Browse our exclusive articles!
Cost Inflation Index for FY 2025-26: How it works and why it matters for capital gains tax
If you are planning to sell a piece of land, a house, or long-held shares this year, you are likely to come across the...
Delhi HC scraps ₹2,000 crore tax notice against Maruti Suzuki, calls it time-barred
The Delhi High Court quashed an income tax reassessment notice against Maruti Suzuki India Ltd. (MSIL) for the Assessment Year (AY) 2009-10 on Friday....
India’s borrowing nearly fully allocated to capex, says DEA Secretary Ajay Seth
India’s effective capital expenditure allocation of ₹15.1 lakh crore in Budget 2025 accounts for 4.5% of GDP, while the fiscal deficit stands at 4.4%,...
CBIC and CBDT Chiefs outline key steps to reduce tax-related litigations
In a bid to reduce tax-related litigation and streamline dispute resolution, the Central Board of Indirect Taxes and Customs (CBIC) and the Central Board...
Key changes ULIP investors can expect from the new tax rules
The recent amendments in the Union Budget 2025 clarify the tax treatment of Unit Linked Insurance Policies (ULIPs), especially in cases where they don’t...
