Section 87A tax rebate can be claimed for short term capital gains income under new tax regime, rules ITAT Ahmedabad – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/section-87a-tax-rebate-can-be-claimed-for-short-term-capital-gains-income-under-new-tax-regime-rules-itat-ahmedabad/articleshow/123283584.cms ET OnlineSection 87A tax rebate can be claimed for short term capital gains income under new tax regime, rules ITAT Ahmedabad Great news

Four critical changes in Income Tax Act: Standard deduction, UPS, income tax search, and other changes to be applicable in FY 2025-26 – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/four-critical-changes-in-income-tax-act-standard-deduction-ups-income-tax-search-and-other-changes-to-be-applicable-in-fy-2025-26/articleshow/123297517.cms ET OnlineUPS, standard deduction, income tax search, other changes made in Income Tax Act, 1961 for FY 2025-26 The Finance Minister has clarified

ITR filing deadline needs to be extended due to discrepancies in Form 26AS, AIS, system error while ITR uploading, and other issues, says GCCI – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-deadline-needs-to-be-extended-due-to-discrepancies-in-form-26as-ais-system-error-while-itr-uploading-and-other-issues-says-gcci/articleshow/123305833.cms ET OnlineGujarat Chamber Commerce & Industry (GCCI): Extend ITR deadline as discrepancies in Form 26AS, AIS (representative image) The Gujarat Chamber Commerce &

US Tariffs-likely effects [1] 50% will mean India will be priced out  though pharm and electronics excluded as of now [2] CAD will not be affected to a great extent as it –it is low as of now [3] However Capital account will get a dent as FDI and portfolio investments are already on a downward journey [4] Precious foreign exchange should not be used to support rupee — on the contrary a depreciated rupee will help shore up exports which will aid India economy in many ways -Editorial in BS

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