Income Tax Updates
400 Words to Sharpen Your personal tax knowledge
#244 – Income Tax Changes from 1st April, 2025
The Indian government has announced significant income tax changes from 1st April 2025. These updates are expected to impact taxpayers across various income brackets. Whether you are a salaried individual,
#215 – Understanding Taxation of Mutual Funds in India
Taxation of mutual funds in India can shape your investment returns. Knowing how it works helps you plan smarter. Taxation on mutual funds can vary depending on the type of
#211 – Income Tax Changes 2025: Key Reforms for Indian Taxpayers
The Income Tax Changes 2025 introduced in the Union Budget aim to simplify compliance, boost disposable income, and align India’s tax framework with evolving economic needs. With revised slabs, higher exemptions, and
#210 – Section 115BAC Amendments: A Tax Relief Boost for Indians
Section 115BAC amendments bring major tax relief for Indians in 2025. Introduced via the Finance Act 2025, these changes make the new tax regime more appealing. First, let’s dive into
#208 – How TDS Threshold Changes Impact Your Savings in India
TDS threshold changes effective April 1, 2025, bring relief to Indian taxpayers. The Central Board of Direct Taxes (CBDT) raised limits across sections. First, let’s explore how these updates affect
#207 – How to Save Taxes Using HUF in India
HUF tax savings can transform your financial planning in India. A Hindu Undivided Family (HUF) is a legal entity that pools family income. It’s a smart way to lower taxes.
#135 – On Section 194N
Section 194N of the Income Tax Act is an important provision that applies to cash withdrawals. This section mandates TDS be levied on large cash withdrawals made by individuals, firms,
Tax Deductions for Traders: Maximize Your Profits
Just like other businesses, you can claim expenses incurred in relation to trading as deductions, reducing your taxable income.
#84 – On Infrastructure Sector
India’s infrastructure sector plays a crucial role in its economic development. It includes various segments such as transportation, energy, water supply, and telecommunications. A strong infrastructure is vital for attracting