Experts believe it might be a legislative oversight, while others see it as a deliberate move to reintroduce electoral bonds ...

Term insurance plans are a commonly chosen option for both financial security and tax benefits. Yet, it’s not that simple.

The new Income Tax Bill 2025 ensures that NPOs with valid registrations under Sections 12A, 12AA, 12AB, or Section 10 (23C) can continue to claim benefits as long as their registrations remain valid.

Basic threshold of 182 days or more or 60 days /365 days for an individual to be a resident in India is retained in the New ...

New Income Tax Bill retains provisions on electoral bonds despite Supreme Court ruling, sparking speculation on future ...

Electoral bonds have been mentioned in the new Income Tax Bill's Schedule VIII which deals with 'Income not to be included in ...

The deduction limit remains clearly stated within the section, while the schedule provides an easy-to-understand breakdown of ...

Experts are puzzled by the inclusion of electoral bonds in the new Income Tax Bill, despite their unconstitutionality. The move could signal legislative oversight or a plan to revive the scheme.

As the New Bill moves through the legislative process, the taxpayers and professionals alike are keenly watching the ...

The government’s new Income Tax Bill promises to streamline taxation with simpler language and fewer sections.

Bharatiya Janta Party National Vice President and Lok Sabha MP Baijayant Panda is appointed as the chairperson of the Select Committee.