Tag Archives: Budget 2025

New Income Tax Act 2025: update : Tabled In parliament on 13th Feb 2025

By | February 8, 2025

New Income Tax Act 2025: update New Income Tax Bill 2025 : Tabled In parliament on 13th Feb 2025 New TDS and TCS Rules from 1st April 2025 New Section 194T Income Tax Act from 01.04.2025 : TDS on Payments to Partners Clubbing of Income under the Indian Income Tax Act 1961 ITR Filing 2025… Read More »

Budget 2025 Expectations : Make videography and photography mandatory during income tax search and seizure operations

By | January 25, 2025

Budget 2025 Expectations : Make videography and photography mandatory during income tax search and seizure operations This passage advocates for mandatory videography during income tax search and seizure operations in India, drawing a parallel with similar reforms in the Bharatiya Nagarika Suraksha Samhita (BNSS). Here’s a breakdown: BNSS Reform: Mandatory Videography: The BNSS mandates videography… Read More »

Budget 2025 Expectations : Clarify Deposit in Capital Gains Deposit Account

By | January 25, 2025

Budget 2025 Expectations : Clarify Deposit in Capital Gains Deposit Account Capital Gains, Section 50C, and the Capital Gains Deposit Account: Capital Gains: When you sell a property, the profit (sale price minus cost) is a capital gain and is taxable. Exemptions: Sections 54, 54F, etc., offer exemptions if you reinvest the gains in specific… Read More »