The higher tax exemption limit and the revamped central KYC system, combined with the government’s focus on ease of doing business, are expected to boost […]
Month: February 2025
Union Budget 2025: TDS less tedious; TCS boost for trip abroad
Budget 2025 introduces higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS), aiding small taxpayers and gig workers. TDS on […]
Union Budget 2025: Markets not moved by FM playing taxophone
The Budget proposals led to a muted response on Dalal Street, with the Sensex closing slightly up and Nifty down. Extreme bullish sentiment in certain […]
Old vs new vs newer: When a regime change makes sense
The new tax regime offers significant benefits for income up to Rs 12 lakh (Rs 12.75 lakh for salaried), surpassing the old regime’s appeal despite […]
Pragg joins Gukesh at the top, sets up epic final-day title charge
In the 87th Tata Steel Chess Tournament 2025, R Praggnanandhaa won his sixth game, Arjun Erigaisi secured his first victory, and Gukesh settled for a […]
Union Budget 2025: More time to revise returns, but there’s a price to pay
The tenure for filing updated tax returns has been extended from two to four years, allowing taxpayers more time to correct discrepancies. However, steep additional […]
Did chlorination lapses lead to Guillain-Barré Syndrome (GBS) in people?
Pune civic health authorities are investigating if lapses in water chlorination contributed to the surge in Guillain-BarrĂ© Syndrome (GBS) cases, linked to diarrhoea preceding GBS […]
Union Budget 2025: Why you can’t get benefit of tax rebate on capital gains, lotteries
Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special rates. Taxpayers under […]
Union Budget 2025: Zero-tax party for those in Rs 12-lakh slab, gain-changing relief cheers others too
Prime Minister Modi invoked Goddess Lakshmi on Budget-eve, later Indian taxpayers received significant tax relief. Finance Minister announced revised tax slabs where the biggest benefit […]