The Delhi High Court has held that the fees paid by IPR law firm Remfry & Sagar to acquire the goodwill vested in a company run by the family members of its deceased founder, is a business ...

After providing a big relief to the Indian middle class in the Union Budget 2025-26, the government is all set to present a new Income Tax Bill this week which would further simplify the entire ...

Budgets usually witness a few days of number-crunching and reading the fine print, before markets settle down. In this case, ...

The Finance Bill, 2025, introduces significant changes to penalty provisions under the Income Tax Act. Sections 271C, 271CA, 271D, 271DA, 271DB, and 271E will now allow penalties to be imposed by the ...

Finance Bill 2025 proposes removing Sections 206AB and 206CCA of the Income-tax Act, which currently mandate higher tax deduction (TDS) and tax collection (TCS) rates for non-filers of income tax ...

The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for ...

Finance Minister Nirmala Sitharaman had in July last year announced a comprehensive review of the Income-tax Act 1961.

The amendment in the Finance Bill 2025 provides some relief to taxpayers by offering them a second chance to comply with the ...

Direct Tax Code vs Income Tax Act: The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that the government will replace the existing Income Tax Act with ...

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TaxAct is cheaper than several of its well-known competitors, and it offers affordable access to tax pros who can guide you through filing. Many, or all, of the products featured on this page are ...