ICAI advocates for inclusion of "Cost Accountant" in Income-Tax Bill to enhance representation and utilization of specialized skills.

The Institute of Cost Accountants of India (ICMAI) has requested the government to recognize cost accountants under the definition of 'accountant' in the forthcoming Income Tax Bill, 2025. The ...

THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) ICSI: PP&FS: ...

Say you make ₹12 lakh a year but earn ₹1 lakh from capital gains on your investments, pushing your total income above the ...

Salary up to Rs 12.75 lakh is tax-free in the new tax regime. But if one takes benefits of allowances and NPS contribution, ...

Experts believe it might be a legislative oversight, while others see it as a deliberate move to reintroduce electoral bonds ...

Several redundant Chapters and Sections in the 1961 Act are omitted. The Tax Administration should endeavour to maintaining ...

Amid discussions on the new Income Tax Bill, the Institute of Chartered Accountants of India (ICAI) asserts that audit responsibilities should remain exclusive to chartered accountants. Sister ...

One of the significant elements is introduction of new income tax bill aiming to simplify income tax - bring tax certainty ...

The new Income Tax Bill 2025 ensures that NPOs with valid registrations under Sections 12A, 12AA, 12AB, or Section 10 (23C) can continue to claim benefits as long as their registrations remain valid.

Wipro founder chairman writes on GOI’s new tax code I have had the rare opportunity to have studied and experienced the ...