The government has urged stakeholders to study the Income Tax Act 2025 and make suggestions, which will be compiled and considered for review before the final notification. The Income Tax Act 2025 received the President’s assent in August 2025. The law will come into effect from April 1, 2026. The associated Income Tax Regulations and […]
How is a lump sum severance payment taxed? If you lose your job and receive severance pay, it can be paid out in a lump sum. Generally, it is a certain number of weeks of salary that increases based on factors such as seniority, age and length of service. However, other factors may play a […]
Demand for household products and groceries recovered in the second quarter even before the cut in goods and services tax rates on key staples came into effect on September 22, as shown by the latest data from Numerator (formerly Kantar) and growth rates of leading fast-moving consumer goods (FMCG) companies.FMCG sales volume rose 4.7% year-on-year […]
The Tax Authorities of the Indian Government has established a security error in its income tax application portal that revealed the data from sensitive taxpayers, TechCrunch has learned and confirmed with authorities exclusively. The error, discovered in September by a few security researchers Akshay CS and ‘Viral’, allows everyone who is registered with the The […]
Indian stock markets are at a intersection, balance between the fear of foreign investors and the confidence of domestic investors, according to Nilesh Shah, director of Kotak AMC. In an exclusive conversation with ET Nu, Shah emphasized that the current cautious vote comes from non-reinforcing FPI sales, profit growth with one figure and global rate […]
The Indian stock market continues to float in a wide trading range, where investors are closely following profit -trends and policy developments for the direction. “Markets await revenue for income to breathe new life into, 6-8% profit growth. This level of 24,000-25,000 often looks full, but given the speed-saving cycle in which we find themselves, […]
Markets Regulator Sebi allowed more charity institutions to raise money through the Social Stock Exchange (SSE) on Friday, in an attempt to broaden access to the platform. In his newest circular, the regulator qualified for the definition of non-profit organizations (NPOs) to mention on the SSE. Among the extensive framework, legal structures such as Trusts […]
New Delhi: Maruti Suzuki will lower the car prices in his product portfolio to expand the full benefits of the lower goods and service tax (GST) rates. The largest car manufacturer in India would also offer extra price reductions on some models. The price reduction, ranging from £ 46,000 on the MPV Eleya to £ […]
September 15, 2025 Through jwankenhip. Photocredit: JB When preparing your income tax return, you can notice that you ask the question – how do I determine whether a charity contribution is deductible? Moreover, you may have questions about how you can submit the different deductions-such as non-continuous deductions, such as contributing to Goodwill. With regard […]
The rest to pay for these millions of tax households will be deducted in one or more times between September and December, indicates the tax administration. An important reform of 2019, the withholding tax had the merit to simplify the income tax for administration and taxpayers. The 41 million taxpayers are nevertheless needed to tackle […]