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Your stock market transactions could fund Budget's income tax relief : Govt expects to get 40% more from STT It is a direct tax levied on the investors, on every sale of securities. Stock exchanges, mutual funds, insurance companies, and lead merchant bankers are entrusted with collecting the tax on behalf of the government
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Selling shares and MF worth Rs 60 lakh. Can I get capital gains tax exemption by investing it in an under-construction residential project? If you have a query, mail it to us right away
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End of arbitrary arrest by income tax officers? New Income Tax Bill 2025 proposes to decriminalise Section 276CCC This Section (276CCC) is now mentioned under clause 480 of the Income Tax Bill, 2025. Under clause 480 now tax officers need to take approval of higher authorities before initiating prosecution under clause 480 (Section 276CCC)
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No refund if ITR filed post due date in new income tax bill? I-T dept issues this clarification The I-T department issued clarification in this regard, noting that refund-related provisions will not be changed
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Unregistered persons can now generate e-Way Bill for GST compliance; Step-by-step guide on how to file ENR-03 on E-Way Bill portal
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Employed outside India; here’s how your income tax in India will be impacted as per new tax bill 2025; Experts seek clarification from the tax dept
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Can you stop filing ITR if your income is below Rs 12 lakh? The basic income exemption limit was also increased to Rs 4,00,000. However, those with annual income less than Rs 4 lakh and those earning between Rs 4 lakh and Rs 12 lakh are required to file their ITRs, lest they might come under the ambit of tax. Read on to know more about such conditions
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Top 5 highlights of newly-introduced Income Tax Bill 2025 in Lok Sabha Read our story to know the major highlights of this bill
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Income Tax Dept releases FAQs on new Income Tax Bill, 2025: Check details
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New Income Tax Bill 2025 vs current Income Tax Act 1961: What is really new? However, not many people are able to understand how the new tax bill is different from the current Act. Here is how the new Income Tax Bill differs from the current Act and what is really new in it