Income Tax Act
New Income Tax Act 2025 comes into force from April 1
News
April 2, 2026
New Income Tax Act 2025 comes into force from April 1
India’s direct tax system entered a new phase on April 1, 2026, as the Income Tax Act 2025 comes into…
No tax rebate under Section 87A on short-term capital gains, taxpayers asked to clear dues by Dec: CBDT
Business
September 24, 2025
No tax rebate under Section 87A on short-term capital gains, taxpayers asked to clear dues by Dec: CBDT
The Central Board of Direct Taxes (CBDT) has once again clarified that taxpayers cannot claim tax rebate under Section 87A…
Net direct tax collection surges after reduction of corporate tax rates: Minister
News
August 4, 2025
Net direct tax collection surges after reduction of corporate tax rates: Minister
The net direct tax collection saw strong growth in FY25 at Rs 22,26,375 crore, a 13.48 per cent year-on-year growth,…