The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier ...
The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.
The Income Tax Act, 2025, scheduled for April 1, 2026, aims to replace the outdated tax law and streamline tax compliance for ...
You must file a federal tax return if your income meets the IRS filing threshold for your age and filing status, if you ...
Active Income vs Passive Income Meaning, Tax Implications and Wealth Creation Strategy In personal finance and taxation, ...
For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried ...
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