Creative Bharat
The Bill will now be sent to Rajya Sabha | Photo Credit: SIVA SARAVANAN S Amid pandemonium, the Lok Sabha on Monday passed the Taxation Laws (Amendment) Bill, 2025, which aims to provide tax exemptions to subscribers of the Unified Pension Scheme (UPS) among others. It also proposes to provide for certain direct tax benefits […]
The Income-Tax Bill, 2025 was designed to update and simplify India’s taxation system. New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has introduced modified New Income Tax Bill 2025 in Parliament on Monday. The government had officially withdrawn the Income-Tax Bill, 2025 on Friday, which had been presented in the Lok Sabha on February […]
Mumbai (Maharashtra) [India], August 11 (ANI): Taxpayers in India can now file and plan their taxes more easily with the launch of a new tax planning and filing module on the JioFinance App. The company in an official statement on Monday stated that, starting at just Rs 24, the feature offers both self-service and expert-assisted […]
In 2023, Neha Mehta sold her 1,020 sq ft flat in Pune’s Kothrud for ₹78 lakh. Two years earlier, she had invested ₹6.5 lakh in major renovations, installing a modular kitchen, replacing old tiles with vitrified flooring, enclosing the balcony with sliding glass doors, and upgrading the plumbing and wiring to modern standards. Planning to […]
Despite assurances of a smooth, swift rollout, Bengaluru’s e-khata system continues to frustrate homebuyers, with incorrect entries, property tax disputes, and sluggish corrections stretching the promised 48-hour process into weeks or even months. Homeowners report frequent errors in names, built-up areas, and parking details, while inaccuracies in property size declarations are triggering surprise tax notices. […]
New Delhi: The Supreme Court on Friday upheld a Delhi High Court’s December ruling that favoured Bharti Airtel and Indus Tower, holding that telecom towers qualify as “movable” property and thus eligible for input tax credit (ITC) under the income tax laws. Reaffirming pre-GST position on mobile towers ceasing to be an ‘immovable property,’ a […]
The Income-Tax Bill, 2025, was introduced in the Lok Sabha on February 13, 2025 to replace the existing Income-Tax Act, 1961. The New Income Tax Bill, 2025 has been withdrawn by the Central government as of August 8, 2025, as per our sources. A new version of the Income Tax Bill, incorporating most of the […]
The government will re-introduce the income tax bill on August 11, sources said on Friday. It withdrew the bill introduced in February. “A new version of the Income Tax Bill, incorporating most of the recommendations made by the Select Committee chaired by Baijayant Panda, will be introduced on Monday, August 11,” a source said. Further […]
If the tax department’s probe shows the tax rules have been breached, Jane Street could be issued with a tax demand, say sources | Photo Credit: KYLIE COOPER The Income Tax (I-T) department is investigating whether Jane Street violated tax laws in India by booking profits via its Singapore entities on its derivative trades in […]
By Nikunj Ohri and Jayshree P Upadhyay NEW DELHI -India’s tax authorities are investigating whether Jane Street violated tax laws by booking profits via its Singapore entities on its derivative trades in the Indian market, three sources briefed on the matter said. Searches at the U.S. trading firm’s India offices by the income tax department […]
