https://www.business-standard.com/economy/news/real-estate-industry-says-ltcg-tweaks-to-drive-investment-enhance-sales-124080701042_1.html Clipped from: https://www.business-standard.com/economy/news/real-estate-industry-says-ltcg-tweaks-to-drive-investment-enhance-sales-124080701042_1.html In Budget 2024, FM Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5% from
Category: Income Tax
Tax misadventures – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/tax-misadventures/3573579/ Clipped from: https://www.financialexpress.com/opinion/tax-misadventures/3573579/ Retrospective GST demands on Infosys and others harm the govt’s efforts to build trust with taxpayers. Senior government functionaries repeatedly vow on
A piecemeal approach is anti-investment – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/a-piecemeal-approach-is-anti-investment/3574628/ Clipped from: https://www.financialexpress.com/opinion/a-piecemeal-approach-is-anti-investment/3574628/ The proposals for reforming the capital gains tax regime for financial instruments should be part of the comprehensive review of the Income
Tweaking LTCG norms for real estate on the cards – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tweaking-on-ltcg-norms-for-real-estate-on-the-cards/article68493470.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61&cx_experienceActionId=showRecommendationsJAFQ231JWQLJ9#cxrecs_s The Government is all set to tweak the Long Term Capital Gain Tax (LTCG) norms as announced in the Budget, by providing a
Relief for property owners? Indexation changes may apply prospectively – BusinessToday
https://www.businesstoday.in/personal-finance/tax/story/relief-for-property-owners-indexation-changes-may-apply-prospectively-440105-2024-08-05 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/relief-for-property-owners-indexation-changes-may-apply-prospectively-440105-2024-08-05 Sources have told Business Today TV that the proposal is to apply the indexation change prospectively, starting from FY26 instead of the
👍👍👍What should you do when you get an income tax notice after ITR filing? – Money News | The Financial Express
https://www.financialexpress.com/money/what-should-you-do-when-you-get-an-income-tax-notice-after-itr-filing-3574446/ Clipped from: https://www.financialexpress.com/money/what-should-you-do-when-you-get-an-income-tax-notice-after-itr-filing-3574446/ The Income Tax Department has started sending notices to taxpayers through emails. Remember, tax notices can be triggered by various issues, such
👍👍👍👍👍Your queries: Income Tax | AIS now reflecting new income? File revised return – Income Tax News | The Financial Express
https://www.financialexpress.com/money/income-tax-your-queries-income-tax-ais-now-reflecting-new-income-file-revised-return-3572551/ Clipped from: https://www.financialexpress.com/money/income-tax-your-queries-income-tax-ais-now-reflecting-new-income-file-revised-return-3572551/ It is advisable to file a revised income tax return (ITR) to include this income and pay any additional tax due. If
👍👍👍👍👍Surge in personal I-T collections – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/surge-in-personal-i-t-collections/article68442599.ece?utm_source=piano&utm_medium=email&utm_campaign=bl_opinion&pnespid=p7RhCSEbLf4A1KOdpDflSMOP4R20Vp58I7euw_I3v0RmzJk29EfpaQOrwx90lBgDKax.90AR Shifting of the dividend distribution tax from corporates to its recipients is the main reason for this spike In my earlier article (Chinks
👍👍👍👍👍Missed opportunity: A middle-class blind Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/missed-opportunity-a-middle-class-blind-budget/article68437988.ece?utm_source=piano&utm_medium=email&utm_campaign=bl_opinion&pnespid=saJiWDlEJr4W1aLGrTLlTYPVowqsS8FlKLil0PZj8U1msElT47UvmgNyl.0t4GMKrPCUDETM The Finance Ministry must be given credit for excellent cash flow management. But it has left the middle class high and dry Every
👍👍👍👍👍Capital gains | Editorial Comment – Business Standard
https://www.business-standard.com/opinion/editorial/capital-gains-124072401414_1.html Clipped from: https://www.business-standard.com/opinion/editorial/capital-gains-124072401414_1.html Simplifying taxes will improve collection Listen to This Article One of the welcome highlights of the Union Budget on Tuesday was simplifying
👍👍👍👍👍Hike in capital gains taxes won’t adversely impact market sentiment: Goyal | Budget 2024 News – Business Standard
https://www.business-standard.com/budget/news/hike-in-capital-gains-taxes-won-t-adversely-impact-market-sentiment-goyal-124072700888_1.html Clipped from: https://www.business-standard.com/budget/news/hike-in-capital-gains-taxes-won-t-adversely-impact-market-sentiment-goyal-124072700888_1.html The Commerce minister termed the criticisms against the hike in capital gains tax and securities transaction tax in derivatives trading as fear-mongering
👍👍👍👍👍Budget 2024: 2 tax clarifications you should know about – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/budget/budget-2024-2-tax-clarifications-you-should-know-about/article68437261.ece Clipped from: https://www.thehindubusinessline.com/economy/budget/budget-2024-2-tax-clarifications-you-should-know-about/article68437261.ece Here are two significant clarifications provided by the Budget to help fine tune your accuracy in filing your income tax returns and
👍👍👍👍👍Budget 2024: 5 changes in TDS provisions that impact you – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/budget/budget-2024-5-changes-in-tds-provisions-that-impact-you/article68436758.ece Clipped from: https://www.thehindubusinessline.com/economy/budget/budget-2024-5-changes-in-tds-provisions-that-impact-you/article68436758.ece Here is a curated list of TDS provisions which underwent tweaks and demands your attention, to ensure being on the good books
Budget 2024: New income regime extends standard deduction limit, brings tax slab changes! which tax regime is better now – Money News | The Financial Express
https://www.financialexpress.com/money/new-tax-regime-offers-relief-for-low-income-earners-but-high-income-taxpayers-still-better-off-under-old-regime-3563689/ Clipped from: https://www.financialexpress.com/money/new-tax-regime-offers-relief-for-low-income-earners-but-high-income-taxpayers-still-better-off-under-old-regime-3563689/ In the Union Budget 2024, Finance Minister Nirmala Sitharaman tried to further sweetened the New Tax Regime, which already has managed to