Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

Ans. As a consequence of the amendment bringing securities held by investment fund as a capital asset, the transfer of such securities shall be taxed as capital gains. Consequently, the income shall ...

Income Tax exemption for Infrastructure Debt Fund (IDF) raising money through External Commercial Borrowing (ECB) with new ...

Saba Capital has requisitioned meetings at a further four investment trusts, with the US hedge fund aiming to convert each ...

In exercise of the powers conferred by section 295 read with clause (47) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...

As the last of the Baby Boomer generation has turned 60, recalibrating retirement nest eggs towards more income will be ...

Real estate bodies welcome Rs 15,000 crore fund for stalled projects in Budget 2025, but urge for more measures to boost ...

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

G Hari Babu, National President of NAREDCO, said the decision to exempt income up to ₹ 12 lakh from taxation under the new regime is a significant incentive for the middle-income group, making ...

The Board of Alderman meeting ended abruptly with no deal passed on Friday. From legendary trash talk to playing left-handed ...

Senate Bill 2 now heads to the House, where top officials say they have the support to create education savings accounts.