Consultant picture. The adjustments launched within the new Earnings Tax Invoice 2025 have raised issues because it has omitted sure provisions, elevating questions on whether or not they have been intentional exclusions or oversights. For instance, the New Tax Invoice has omitted part 80 M of the Earnings Tax Act 1961 that offers with dividend…
Apex our bodies of firm secretaries and value accountants have urged the federal government to incorporate these professionals beneath the definition of ‘accountant’ within the Earnings Tax Invoice, 2025. The Institute of Firm Secretaries of India (ICSI) and the Institute of Price Accountants of India (ICMAI), each arrange beneath Acts of Parliament, have demanded that…
Baijayant Jay Panda. File | Picture Credit score: The Hindu The choose committee of the Lok Sabha, which can study the Earnings-Tax Invoice, 2025, was constituted on Friday (February 14, 2025) with BJP MP Baijayant Jay Panda appointed as chairman of the panel. The committee could have 31 MPs, together with 17 from the ruling…
New Delhi: Finance Minister Nirmala Sitharaman on 13 February 2025 tabled the Revenue-Tax Invoice 2025 in Parliament. The brand new Revenue-Tax Invoice changing the Revenue-tax Act, 1961 marks a big step towards simplifying the language and construction of the Revenue-tax Act. A major facet of the Invoice is the elimination of the ideas of “earlier…
Final Up to date:February 13, 2025, 23:36 IST Rajya Sabha MP Ramdas Athawale praised Finance Minister Nirmala Sitharaman’s price range with witty rhymes, concentrating on the Opposition and calling it a risk to China. Sitharaman tabled the brand new Earnings Tax Invoice, 2025. Athawale additionally a took a jibe on the INDI bloc over its…
Finance Minister Nirmala Sitharaman has tabled the Earnings Tax Invoice 2025 within the Lok Sabha. The brand new invoice goals to simplify the terminology utilized in tax legal guidelines in India, thereby making it simpler for taxpayers to pay taxes and file returns. Finance Minister Nirmala Sitharaman tabled the Earnings Tax Invoice within the Lok…
Feb 12, 2025 10:59 PM IST The brand new Revenue Tax Invoice 2025, which is more likely to be tabled within the Parliament on February 13, goals to simplify the terminology utilized in tax legal guidelines in India. The Centre plans to desk the brand new Revenue Tax Invoice 2025 within the Parliament on February…
Picture Supply : PTI/FILE PHOTO Union Minister for Finance and Company Affairs Nirmala Sitharaman chairs the eighth pre-Price range session with the stakeholders and representatives from the commerce unions for the Union Price range 2025-26. The federal government will introduce a brand new earnings tax invoice within the upcoming Parliament finances in a serious transfer…
