Ramp reports that while credit card payments aren't deductible, qualifying business purchases made with the card are.
The issue concerns applicability of tax audit based on turnover thresholds. The ruling highlights that exceeding prescribed ...
Loss in ITR-U: The Finance Bill 2026 proposes that an updated return will be allowed even if the original return was a loss ...
But don’t panic. With the right approach and a little attention to detail, it’s possible to file smartly, legally, and even ...
From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 ...
The New Income Tax Act comes into effect today, April 1, 2026. Get real-time updates on tax slabs, increased standard ...
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New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explained
Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act. Expect ...
One of the most significant changes from 1 April is the implementation of the new Income Tax Act, 2025. Follow Mint's LIVE ...
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