Learn about the new Income Tax Act, 2025, replacing the 1961 law. Understand key changes, tax implications, and ...
The Tribunal upheld restriction of disallowance where interest-free funds were higher than tax-free investments. It reaffirmed that no interest disallowance arises in such ...
A new Income Tax Act, 2025, will replace the 1961 law on April 1, simplifying direct tax legislation and reducing its volume ...
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Explainer: Simplified Income Tax Act, 2025 — all you need to know about the law taking effect from April 1
The rules to implement the new Income Tax law are being framed and likely to be notified after the presentation of the FY27 ...
Authorities cannot insist on adding an irrevocable clause in trust deeds for Section 12A renewal when the trust is otherwise ...
Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...
Learn what Net Income After Taxes (NIAT) means, how it's calculated, and see examples to understand this key financial metric ...
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