This article explains the concept of a Lower Deduction Certificate, its legal basis, eligibility, and the detailed procedure for applying for it under the Income Tax Act, 1961. What is a Lower ...
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Income Tax: Never ignore these rules related to Saving Account, otherwise you will get Income Tax notice..In today's time, every person opens a bank account to save money (saving rules). Saving account is considered the most ...
The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.
THE PRIMARY INTENTION of the new Income Tax Bill, introduced by Finance Minister Nirmala Sitharaman in February, is to ...
In the realm of taxation, income is classified into various categories, with one of the most significant being Income from ...
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New bill passes—‘Build up Mississippi’ Act will cut state income tax and reduce grocery taxA new bill has passed in Mississippi that will cut state income taxes and reduce sales tax on groceries. On March 20, the ...
On February 13, 2025, a new income tax bill was introduced in Parliament. The much-anticipated bill was first announced ...
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Section 158AB of the Income Tax Act, 1961, was introduced to reduce repetitive litigation by deferring certain appeals when ...
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