New Income Tax Bill leaves the definition of NRIs & residents unchanged
The upcoming Income Tax Bill will redefine tax residency criteria, affecting Non-Resident Indians (NRIs) earning Rs 15 lakh ...
Tax yr, crypto, salary deductions: What you should know about New Tax Bill
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
Income Tax Bill 2025: Will your salary, income earned from April 2025 be taxed as per the Income Tax Act 1961 or new bill?
The new bill seeks to streamline terminology in tax calculations by introducing the term 'tax year' to replace 'financial ...
New Income Tax Bill aims to clear confusion between Assessment Year and Financial Year. Here’s how
The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...
New Income-Tax Bill to replace 'assessment year' with 'tax year’ , make compliance easier
The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...
Phantom Income/Retained Earnings and the Potential for Inflated Support
If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...
Ken and Klee explain how the Child Tax Credit is considered a "super" credit for families
The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...
New Income Tax Bill 2025 will simplify ‘tax year’ definition. Details here
The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...
BP cuts senior leadership bonuses to 45% after missing targets - Reuters
BP will cut bonuses for its senior leaders to 45% of target, Reuters reported, citing an internal memo, after the company ...
University of Wyoming3d
Five Graduates to Receive Outstanding Alumni Awards From UW
The University of Wyoming Alumni Association (UWAA) will honor the achievements of five recipients through its annual UWAA Awards during the Brown and Gold Alumni Banquet in April.
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FM Sitharaman tables new Income Tax bill in Lok Sabha; Crypto defined under income
After presenting the income tax bill the Finance Minister asked the Lok Sabha Speaker Om Birla to nominate members for a ...
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FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like crypto defined under income from other sources
This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman, seeks to replace the existing Income Tax Act, 1961 and introduce changes that affect different categories of taxpayers, ...