Maharashtra’s Tax Laws (Amendment) Act 2024 reduces penalties on deficit stamp duty for registered instruments upon impounding, easing financial burdens for individuals and businesses. Introduction to the Amendment Act On…
The I-T Department clarifies LTCG tax calculations for properties purchased before 2001, detailing how to determine cost and apply the reduced tax rate. Clarification on Cost of Acquisition On July…
The Indian government is reported to be considering a 30% tax on Futures & Options trading, classifying it as speculative income. Retail traders express concerns online. Government’s Likely Plan to…
As Modi starts his third term, the real estate industry seeks tax rationalization and lower approval costs to boost growth and streamline processes. Real Estate Industry Seeks Support from Modi…
Finance Minister Nirmala Sitharaman, at an event, was questioned by a broker on the heavy tax burden impacting profits. The exchange left her momentarily speechless. Unexpected Query at Event Union…
News and Updates Team