New Income Tax Bill: Is this an old wine in a new bottle? Experts say this
Union Finance Minister Nirmala Sitharaman on Feb 13 tabled the new Income Tax Bill in the Parliament.
New Income Tax Bill: Is this an old wine in a new bottle? Experts say this…
The new income tax law is concise and simple to understand but there are a few experts who refer to this as an old wine in a new bottle.
Does the new Income Tax Bill 2025 pave way for double taxation of dividends?
The New Tax Bill has omitted section 80 M of the Income Tax Act 1961 that deals with dividend taxation for a holding company.
ITBill empowers taxman to ask for access to electronic systems
In a move that could make it easier to scrutinise cryptocurrency and other virtual digital assets,
Income-Tax Bill empowers taxman to ask for access to electronic systems
In a move that could make it easier to scrutinise cryptocurrency and other virtual digital assets, the new income-tax Bill introduced in the Lok Sabha on Thursday
Not impressed by Income Tax Bill, analysts don’t think it as transformational
The Income Tax Bill has failed to live up to the hype that it created, feels a section of tax analysts and chartered accountants.
New I-T Bill has missed an opportunity on some fronts, say experts
According to them, new I-T Bill does not include group taxation, no simplification of TDS rates maze
Income Tax Bill 2025: Old wine in a new bottle with no significant changes, say tax experts
Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant changes to the charging provisions,
New Income Tax Bill 2025 Live Updates: FM Nirmala Sitharaman tables the new income tax bill in Lok Sabha ; tax bill 2025 vs income tax act 1961, Check key Changes
Income Tax Bill 2025 Live: A new, streamlined version of the present income tax act, 1961, i.e., the new income tax bill, has been tabled by FM Nirmala Sitharaman in Lok Sabha
Income Tax Bill 2025 Aims For Simplified Tax Framework
Finance Minister Nirmala Sitharaman prepares to present new legislation aimed at modernizing India’s tax laws.
BCAS Members on Budget : What It Means for You
“Budget 2025 Explained by a Chartered Accountant” offers expert insights into key announcements, tax changes, and financial impacts.
BCAS Members Decode Budget : Impact, Insights & More
Read More RBI MPC Meeting 2025 Highlights: RBI Cuts Repo Rate By 25 bps To 6.25%; Pegs GDP Growth In FY26 At About 6.7%
RBI Monetary Policy Meeting LIVE Updates: RBI MPC under the leadership of new Governor Sanjay Malhotra, announced a 25 basis point reduction in the repo rate, lowering it to 6.25%
Share Market Highlights 7 February 2025: Sensex, Nifty settle lower after RBI cuts repo rate to 6.25%; FIIs continue selling spree
Equity markets closed lower on Wednesday despite the Reserve Bank of India’s first rate cut since May 2020, as investors remained concerned about global trade tensions
Budget 2025: Ulip tax confusion sends insurance stocks into tailspin
A slew of announcements for the insurance sector sent stocks in this space into a tailspin. Life insurance stocks dropped in intraday trade before recouping some losses
Budget impact on TDS: Senior Citizen Exemption Limit: Major relief by Modi Govt
Senior Citizen Tax Slab In New Budget, Senior Citizen Tax Deduction: Presenting the Union Budget 2025-26, the Finance Minister stated that the limit for tax deduction on interest for senior citizens is being doubled from the present Rs 50,000 to Rs 1 lakh.
Budget 2025: Relief for taxpayers to simplified TDS, 10 major Income Tax announcements by FM Nirmala Sitharaman
Budget 2025 Finance Minister Nirmala Sitharaman presented the union budget in Parliament on Saturday, with steps aimed to woo the salaried middle class with tax cuts.
Budget 2025 Expectations: Lower GST rates, streamlining of processes and reduction in direct taxes | Pre-Budget
Union Finance Minister will present Budget 2025-26 tomorrow (February 1, Saturday) in the Parliament. This will be the first full-fledged Union Budget of the new Modi government which stormed to power in May 2024
Budget 2025 Income Tax Expectations Live: Changes in income tax slabs, exemptions for NPS, life insurance, health insurance for salaried taxpayers: Here is what India wants from Budget 2025
Income Tax Budget 2025 Live Updates: Union Finance Minister Nirmala Sitharaman will present the Union Budget 2025-26 on Saturday, February 1, 2025, at 11 am
Budget 2025 Expectations Live Updates: Will FM Announce Higher Tax Deduction on Home Loan Interest?
The Budget comes at a time of subdued economic momentum, a weakening rupee, and ongoing geopolitical uncertainties
Is the government going to make major changes in NPS Vatsalya? Let’s find out
In 2024, the National Pension System (NPS) introduced a new initiative called NPS Vatsalya, specifically designed for minors.
Budget 2025: Relief for taxpayers to simplified TDS, 10 income tax rules announced by FM Nirmala Sitharaman
Budget 2025 Finance Minister Nirmala Sitharaman presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts.
BCAS recommendations for Budget 2025: Lower tax rates for non-corporates, simplify TDS/TCS obligations
The Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, recently submitted its comprehensive pre-budget memorandum to the Finance Ministry, Government of India.
Budget 2025: Should you shift to Old Tax Regime for your investment under National Pension System?
The National Pension System (NPS) carries a tax-exempt status, which is classified under the EEE (Exempt-Exempt-Exempt) category. This designation ensures that contributions to the NPS,
Union Budget 2025 Income Tax Live Updates: Changes in income tax slabs, new tax regime, exemptions for home loans, life & health insurance, NPS for middle-class: Here is what India’s taxpayers wants from Budget 2025-26
Income Tax Budget 2025 Live Updates: Union Finance Minister Nirmala Sitharaman will present the Union Budget 2025-26 on Saturday, February 1, 2025, at 11 am
Budget 2025: Govt to bring Rs 2.67 lakh credit-linked subsidy back under Pradhan Mantri Awas Yojana for all?
Home loan borrowers are hoping for significant policy changes in Budget 2025 to ease financial burdens, with expectations around tax deductions,
Budget 2025 Expectations : Budget में Life और Health Insurance में टैक्स की क्या है जरूरत? | BAFM
Bano Apna Finance Minister में आज Direct Tax कमिटी के Former President & Co-Chairman Anil Sathe, BCAS के President Anand Bathia…
Budget 2025: Old Tax Regime to be completely scrapped?
Budget 2025 is expected to address taxpayers’ concerns over the dual tax regime system, with experts advocating for the scrapping of the Old Tax Regime and rationalizing slabs
Budjet – set – go: Achieving an economic blast-off with clinical precision with Budget
When a country’s yearly budget incorporates the introduction of national programs, alterations related to finance bills, policy suggestions, and is complemented by an economic survey,
Income Tax Budget 2025 Expectations Live: Income tax slab changes in new and old tax regime, increasing limits of standard deductions, exemptions, other measures; what can Indians expect from Budget 2025-26?
Union Budget 2025 Income Tax Expectations Live: Union Finance Minister Nirmala Sitharaman will present the Budget for FY 2025-26 on Sat, Feb 1, 2025, at 11 am.
Income Tax Expectations for Union Budget 2025
Experts expect income tax, GST, and infrastructure reforms in Budget 2025 to boost the economy and consumer confidence.
Income Tax Budget 2025 Expectations Live: Changes in new tax regime, easing tax dispute resolutions, hike in standard deduction and other measures; what to expect from Budget 2025
Union Budget 2025 Income Tax Expectations Live: Union Finance Minister Nirmala Sitharaman will present the Budget for FY 2025-26 on Sat, Feb 1, 2025, at 11 am.
Union Budget 2025: Will Budget 2025 bring 50K NPS related deduction u/s 80CCD(1B) to the new tax regime?
The government intends to entice people to switch to the new tax regime, which has lower tax rates but far fewer exemptions or deductions. Currently,
Union Budget 2025: Will Budget 2025 bring 50K NPS related deduction u/s 80CCD(1B) to the new tax regime?
Union Budget 2025: NPS contributions of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD(1B) qualify for deductions only under the old tax regime, and this benefit is not available in the new regime.
Union Budget 2025: Top tax reforms and economic policies India is hoping for
From capital gains tax rationalization and personal income tax relief to MSME support and manufacturing incentives, stakeholders urge Finance Minister Nirmala Sitharaman to boost growth and consumption.
Will the Union Budget 2025 include a INR 50,000 NPS-related deduction?
The government wants to convince people to move to the new tax system, which has lower tax rates but considerably fewer exemptions and deductions. Contributions of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD(1B) were previously eligible for deductions,
Will Budget 2025 replace Income Tax Act with new Direct Tax code? Here’s what experts say
Direct Tax Code vs Income Tax Act: The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that the government will replace the existing Income Tax Act with the new Direct Tax Code.
Retirement planning: How one can transfer EPFO Funds to NPS for better returns; check details
One should note that the performance of NPS is correlated with the market and varies based on your allocation among equity, government securities, and fixed-income options.
Budget 2025: Will you get more income tax rebates?
Budget 2025: Financial experts have proposed further restructuring of the tax slabs to provide relief to taxpayers and simplify the system.
Budget 2025 expectations: Tax relief for individuals and non-corporates
The Bombay Chartered Accountants’ Society (BCAS) has put forth key proposals aimed at addressing existing disparities and easing the tax burden on individuals and non-corporate entities.
Budget 2025: Will middle-class gain relief with tax slabs from Rs 5 lakh?
Budget 2025 expectations: This year, speculation revolves around whether tax slabs will be altered or new relief measures introduced
Budget 2025-26: Govt might consider a review of income tax rates and slabs
Could help boost urban demand and improve disposable incomes but revenue considerations an important factor
FinTech’s Union Budget 2025-26 Wishlist: MSMEs, Rural Communities, and Salaried Workers
Previously, the Union Budget 2024-25 focused on employment, skilling, MSMEs, and the middle class
Last opportunity for eligible taxpayers to claim 87A tax rebate: Why you must file revised/belated ITR before January 15, 2025
Income tax rebate u/s 87A: Following the Bombay High Court order to extend the revised and belated income tax return (ITR) deadline to January 15, 2025, CBDT has extended it.
Good news: Income tax dept to correct ITR forms to allow eligible taxpayers to claim section 87A tax rebate for FY 2023-24
Income Tax Rebate: “The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 and …
Attention taxpayers! You can now claim Section 87A rebate in updated ITR-2 and ITR-3 forms
The Income Tax Department is allowing eligible taxpayers to claim the section 87A tax rebate in updated ITR forms.
बीसीएएसद्वारे मुंबईमध्ये पहिल्यांदाच सीए मॅरेथॉनचे आयोजन
बॉम्बे चार्टर्ड अकाऊंटण्ट्स सोसायटीने (Bombay Chartered Accountants’ Society (BCAS) आयोजित केलेल्या सी-थॉन (CA-THON) रनच्या पहिल्या एडिशनचे २२ डिसेंबर २०२४ ला मुंबईमध्ये आयोजन करण्यात आले.
ITR filing deadline extension: Bombay HC orders tax dept to allow these taxpayers claiming 87A rebate to file ITR till January 15, 2025
Sometimes you need to fight against the government authorities for your rights rather than keeping your head down and accepting whatever is being imposed.
BCAS कडून मुंबईमध्ये सीए मॅरेथॉनचे आयोजन; 1600 हून अधिक स्पर्धकांनी घेतला सहभाग
बीसीएएसकडून आर्थिक स्वावलंबन व उत्तम आरोग्याला चालना देण्यासाठी मुंबईमध्ये पहिल्यांदाच सीए मॅरेथॉनचे आयोजन करण्यात आले होते. दरम्यान बीसीएएस फाऊंडेशनतर्फे वंचित महिलांना शिलाई मशिन्स देऊ केल्या.
ITR filing: December 31, 2024, is last date to file belated, revised return for FY 2023-24, what happens if you miss this deadline
December 31, 2024 ITR filing deadline: Income tax laws allow individual to file belated and revised return.
Bombay Chartered Accountants’ Society selects SGA PR as strategic partner
SGA PR, as an exclusive communications partner for BCAS, has been entrusted with the role of positioning BCAS as the key industry voice representing the community of chartered accountants in the country.
PAN 2.0: A master-key to access digital system and govt services, know how it will help you
PAN2.0: The common identifier number which is going to be PAN 2.0 has many benefits. Gaurav Makhijani from Roedl & Partner India, says: This project is expected to provide taxpayers a more seamless experience.
BCAS Taps SGA PR as Strategic Partner to Champion Financial Ecosystem Development and Industry Advocacy
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
BCAS Partners with SGA PR to Drive Industry Leadership and Advocate for a Robust Indian Financial System
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
SGA PR Named Strategic Partner by BCAS to Lead Advocacy for a Stronger Indian Financial Ecosystem
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
SGA PR Joins BCAS as Strategic Partner to Shape Key Financial Discussions and Strengthen India’s Ecosystem
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
BCAS selects SGA PR as strategic partner to advocate key opinion and be the leading industry voice in making a robust Indian financial ecosystem
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
BCAS taps SGA PR to lead financial ecosystem advocacy
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR
BCAS Selects SGA PR as Strategic Partner to Strengthen Indian Financial Ecosystem and Advocate Key Opinions
India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
BCAS selects SGA PR as strategic partner to advocate key opinion and be the leading industry voice in making a robust Indian financial ecosystem
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
Bombay Chartered Accountants’ Society joins hands with SGA PR
Bombay Chartered Accountants’ Society (BCAS) has joined hands with SGA PR to create further awareness about the pivotal role it is playing in the fields of accounting, tax and finance thereby strengthening the economic fabric of India.
BCAS selects SGA PR as strategic partner to advocate key opinion and be the leading industry voice in making a robust Indian financial ecosystem
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR
BCAS selects SGA PR as strategic partner to advocate key opinion and be the leading industry voice in making a robust Indian financial ecosystem
Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has joined hands with SGA PR,
BCAS partners with SGA PR to strengthen India’s Financial Ecosystem
The Bombay Chartered Accountants’ Society (BCAS), India’s largest and oldest voluntary professional body of Chartered Accountants, has partnered with SGA PR,
PAN 2.0 is going digital: Will you still need a physical PAN card as ID proof and KYC document?
Permanent Account Number: As PAN 2.0 is going to be digital with the option to take physical PAN, will you still need to spend money for getting PAN 2.0 physical card?
Have high hopes from GST cut on health, life insurance? Here’s why a drastic fall is unlikely to benefit policyholders
GST on insurance: The public demands lowering of GST rate on insurance products as it is too high.
PAN 2.0: Will existing PAN card remain valid or do you need to upgrade?
PAN 2.0: With an investment of Rs 1,435 crore, the government aims to introduce advanced Digital PAN/TAN services as part of this e-governance reform.
PAN 2.0 cards: What is a PAN data vault system? Check details
The PAN 2.0 project, with a budget of Rs 1,435 crore, seeks to establish the PAN as a universal business identifier across designated government digital platforms.
Maharashtra extends deadline for submission of audited accounts by charitable trusts
The Finance Ministry of Maharashtra state has decided to extend the deadline for filing of audited accounts by specified trusts who are registered under the Maharashtra Public Trust Act
BCAS and NISM collaborate to shape India’s financial landscape by enhancing financial literacy aimed at capacity building for capital market
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
The Markets Lose Steam And Wait For Fresh Cues
On Episode 443 of The Core Report, financial journalist Govindraj Ethiraj talks to chartered accountant Anand Bathiya, President of the Bombay Chartered Accountants’ Society (BCAS).
PAN 2.0 Approved: Big Changes Coming For 78 Cr Cardholders
The Cabinet Committee on Economic Affairs (CCEA) has given the green light to “PAN 2.0,” a technology-driven upgrade of the Permanent Account Number (PAN) system.
PAN 2.0 explained: Is your current PAN card without QR code invalid?
PAN 2.0 consolidates all PAN/TAN activities and validation services into a single ecosystem for improved efficiency
Shaping India’s Financial Future: BCAS and NISM Join Forces to Enhance Capital Market Literacy
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
BCAS and NISM Collaborate to Empower India’s Capital Market with Advanced Financial Literacy Programs
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
Strengthening India’s Financial Landscape: BCAS and NISM Drive Capacity Building for Capital Markets
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
BCAS and NISM Partner to Boost Financial Literacy and Strengthen India’s Capital Market
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
BCAS and NISM Unite to Transform India’s Capital Market Through Financial Literacy and Capacity Building
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
BCAS and NISM collaborate to shape India’s financial landscape by enhancing financial literacy aimed at capacity building for capital market
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
BCAS and NISM Team Up to Foster Financial Literacy
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
BCAS and NISM Collaborate to Shape India’s Financial Landscape
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
PAN 2.0: Will it be more like income tax Aadhaar? Know how it will affect individual taxpayers and businesses
The government is spending Rs 1435 crore to upgrade the existing permanent account number (PAN) infrastructure to help improve services for taxpayers and corporates.
The Markets Lose Steam And Wait For Fresh Cues
On Episode 443 of The Core Report, financial journalist Govindraj Ethiraj talks to chartered accountant Anand Bathiya, President of the Bombay Chartered Accountants’ Society (BCAS).
The Markets Lose Steam And Wait For Fresh Cues
On Episode 443 of The Core Report, financial journalist Govindraj Ethiraj talks to chartered accountant Anand Bathiya, President of the Bombay Chartered Accountants’ Society (BCAS).
How PAN 2.0 will revolutionise the income tax system: Key differences and features
The launch of PAN 2.0 marks a significant leap in India’s tax administration. This revamped version of the Permanent Account Number system brings advanced features,
PAN 2.0: Upgraded PAN with QR code to work like ‘business Aadhaar’ | What it means for users
PAN 2.0 Project with QR Code: What is the reason for PAN upgrade and how will the New PAN with QR Code will help users.
PAN 2.0: Will it be more like income tax Aadhaar? Know how it will affect individual taxpayers and businesses
Income tax: The govt has announced a new PAN 2.0 project with a total outlay of Rs 1435 crore. The government has also said that this new PAN 2.0 project
BCAS and NISM collaborate to shape India’s financial landscape by enhancing financial literacy aimed at capacity building for capital market
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
BCAS and NISM collaborate to shape India’s financial landscape by enhancing financial literacy aimed at capacity building for capital market
Bombay Chartered Accountants’ Society (‘BCAS’), India’s largest and oldest voluntary professional body of Chartered Accountants, and the National Institute of Securities Markets (‘NISM’)
Bombay CA Society in tie-up with NISM
The Bombay Chartered Accountants’ Society on Monday announced a tie-up with Sebi-promoted National Institute of Securities Markets (NISM)
Bombay CA Society in tie-up with NISM
The Bombay Chartered Accountants’ Society on Monday announced a tie-up with Sebi-promoted National Institute of Securities Markets (NISM)
BCAS and NISM Partner to Boost Financial Literacy in India
Both organizations of repute shall leverage their core strengths towards bridging the capacity and learning gap thereby improving the robustness of the financial fabric of India.
