Investors in the stock market must comprehend capital gains tax. This blog offers practical tips to reduce or prevent taxes on your stock market profits in addition to explaining Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG). Find out how to be tax-efficient while increasing your profits.

This blog discusses how Section 10(46) of the Income Tax Act exempts the Delhi Construction Workers Welfare Board from paying taxes, allowing it to effectively finance construction workers' welfare initiatives.

This blog describes the notion of a Lower Tax Deduction Certificate (LTDC) in India, its benefits, and how to apply for it. Learn how to lower TDS on your income by filling out Form 13 under Section 197 of the Income Tax Act. Learn about qualifying requirements, needed documentation, and how an LTDC may enhance your cash flow and lower your tax burden.

The Indian government provides two tax regimes – the Old Regime and the New Regime – each with its own benefits and drawbacks. The Old Regime offers multiple deductions and exemptions, while the New Regime provides lower tax rates with minimal exemptions. This blog explores the key differences, tax calculations, and real-life illustrations to help taxpayers make an informed choice. Find out which tax regime suits your financial situation best!

A ground-breaking tax reform was proposed in Budget 2025, offering companies with yearly sales up to 2 crores a 0% tax rate. This policy lessens the regulatory obligations for professionals, startups, and MSMEs by aligning with the presumptive taxation regime under Sections 44AD and 44ADA. For the benefit of small enterprises throughout India, the project seeks to increase entrepreneurship, simplify tax compliance, and encourage digital transactions.

The most significant adjustment to income tax slabs brought about by the Union Budget 2025 was the exemption of income up to ₹12 lakhs from taxes. Additional changes include a higher standard deduction of ₹75,000 and lower tax rates for those making between ₹8 lakhs and ₹24 lakhs. The goals of these measures are to streamline the tax filing process, promote savings and investments, and give middle-class taxpayers financial relief. The new tax system and its effects on people and the economy as a whole are covered in this blog.

For salaried people making up to Rs. 15 lakh, the government is recommending income tax reduction. In order to help middle-class taxpayers, this blog explores potential adjustments to income tax slabs, improved standard deductions, and expanded savings opportunities. People can improve their financial planning by comprehending these suggestions.

To improve transparency and expedite compliance, the government is thinking about changing the taxability of sponsoring services. Redefining sponsoring services, updating exemption standards, and moving GST obligation to service providers are some of the main suggested changes. Sponsors, receivers, and tax authorities may be impacted by these developments, which might also provide difficulties including higher compliance expenses and cash flow problems. Companies need to be aware, evaluate the effects, and proactively adjust to the new rules.

For Indian cryptocurrency investors, the Income Tax Appellate Tribunal's (ITAT) recent decision is a huge relief. Gains from bitcoin transactions completed before to FY 2022–2023 are exempt from the recently implemented 30% tax under Section 115BBH of the Income Tax Act, the ITAT clarified. Rather, depending on the nature and purpose of the transaction, these earnings will be taxed as either capital gains or business income under the current laws. This historic ruling guarantees that tax regulations cannot be enforced retroactively, eliminates uncertainty, and gives investors clarity. The decision emphasizes the significance of accurate record-keeping and helps taxpayers who still owe money on assessments from prior years.

By issuing Notification No. 127/2024, the Central Board of Direct Taxes (CBDT) has amended Section 10(23FE) of the Income-tax Act. The updated rules simplify compliance and increase the range of assets available to pension funds (PFs) and sovereign wealth funds (SWFs). In line with India's economic objectives, these adjustments are meant to draw in long-term investments in the social development and infrastructure sectors.

This blog explores Sections 54 and 54F of the Indian Income Tax Act and explains how they exempt individuals and HUFs from paying taxes on capital gains when they reinvest them in residential real estate. To ensure clarity for taxpayers, the essay also discusses frequent disagreements, court rulings, and helpful advice for claiming exemptions.

Under its new policy, the Central Government has promised significant income tax relief, exempting certain groups from paying taxes. Seniors over 75, farmers who make their living exclusively from farming, people with disabilities, and those whose incomes have recently increased are all benefited by this program. The government hopes to lessen economic disparities, increase financial stability, and make tax compliance easier via these exemptions. Find out more about this historic announcement's categories, advantages, and ramifications.