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Income Tax Bill 2025 offers forex adjustments for non-residents on unlisted shares
The Income Tax Bill 2025 introduces key amendments addressing foreign exchange fluctuations in capital gains taxation for non-resident investors, a move expected to reduce tax burdens and enhance ...
Senate committee passes tax reform plan as House version garners new support
Both plans would reduce the grocery tax, but increase the amount you pay at the pump. How much to cut the income tax is the ...
Income Tax Bill 2025: Refund won't be issued if income tax return is filed after the due date? Check details
In a reply to this, the Income Tax Department clarified that there are no changes in refund provisions. The I-T department ...
Wisconsin Republicans propose $10,000 income tax break for California wildfire relocations
People who lost their homes to Hurricane Helene or California wildfires could get a sizeable tax break to move to Wisconsin.
New Income Tax Bill 2025: For common man, better understanding of law and smoother tax compliances expected
The language used in the Bill at many places is extremely lucid and is reader friendly as it has tables and formulas as ...
Income Tax Bill: ICMAI submits memorandum to LS appointed 31-Member select committee
ICMAI advocates for cost accountants to be included in the definition of accountants under the Income Tax Bill 2025.
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New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in the Lok Sabha on Thursday, February 13, 2025. Once enacted ...
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New Income Tax Bill may be tabled by FM Sitharaman in Parliament today - Top points taxpayers should know
New Income Tax Bill LIVE: Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act. The bill seeks to simplify tax laws while ...
Here’s how Philadelphia homeowners can apply for the city’s low-income real estate tax freeze program
Eligible Philadelphia homeowners have until Feb. 28 to apply for the city’s Low Income Real Estate Tax Freeze program.
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Simplified Income Tax Bill: A New Era in Tax Legislation
The newly introduced Income Tax Bill seeks to simplify tax legislation by minimizing litigation and interpretation, reducing the word count, sections, and chapters significantly from its 1961 ...