Key updates on income tax deduction from salaries under Section 192 for FY 2024-25, including amendments, surcharge rates, and new tax regime details.
The new Income Tax Bill consolidates provisions for non-profits, covering registration, taxation, compliance, and capital gains rules. Key changes take effect from 2026.
Explore why Cost Accountants (CMAs) should be included in the definition of “Accountant” under the Income Tax Bill 2025 for a competitive, efficient tax system.
Explore the Finance Bill 2025 highlights, including revised tax rates, TDS/TCS amendments, ULIP taxation, and updated rules for salary, house property, and tax returns.
J&K Grameen Bank invites CA firms and bank retirees for concurrent audit assignments. Apply by 28.02.2025. Details on eligibility and application process provided.
ICSI requests inclusion of Company Secretaries in the definition of “Accountant” under Section 515(3)(b) of the Income-Tax Bill, 2025, citing their expertise in taxation.
Understand tax rules for debt mutual funds based on purchase date. Learn about slab rates, LTCG tax, indexation, and rebate eligibility under Section 87A.
CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for AY 2024-25.
Ensure GST compliance and smooth transition to FY 2025-26 with key year-end activities, including ITC reconciliation, outward supplies, RCM, and other GST obligations.
ICMAI addresses the non-inclusion of ‘Cost Accountant’ in the Income Tax Bill 2025. The Council is engaging with policymakers to ensure fair representation.
