Income Tax Bill 2025 (Revised Aug 11, 2025) – Key Changes and Impacts
A comprehensive guide to India’s new Income Tax Bill 2025 (revised on Aug 11, 2025). Learn its major reforms – such as the...
Center withdraws Income-Tax Bill, 2025 – what it means, who’s affected, what comes next
The Center has withdrawn the Income-Tax Bill, 2025 to incorporate Select Committee recommendations and fix drafting issues....
What is Income Tax in India? A Beginner-Friendly explanation for 2025
Understand what income tax is in India, why it’s collected, who pays it, and how it works in 2025. A beginner’s guide with...
Selling Property in India? Here’s What the 2024 Tax Changes Mean for You
Understand how taxation on sale of immovable property changed from 23 July 2024 – indexation, rates, TDS, Section 50C...
ITR-1 and ITR-2 Update
Excel Utilities for filing updated returns in for the AYs 2021-22 and 2022-23 as per Finance Act, 2025 is available now for...
Gift Taxation in India: A New Tax Concept
Imagine this: It’s your birthday, and your favorite uncle hands you a big envelope of cash. You’re over the moon, but then a...
Undisclosed Income or Expenditure Under the Income‑tax Act – Know the Rules & Penalties
Finding money or spending that you can’t explain in your tax returns can land you in serious trouble. In India, the...
Income Tax Audit Forms Now Live on e‑Filing Portal (As of July 17, 2025) & ITR‑2 Now Enabled for Online Filing with Prefilled Data
The Income Tax Department has officially enabled Forms 3CA‑3CD and 3CB‑3CD on the e‑Filing portal, reflecting the updates...