Selling a house and some mutual funds but planning to invest both proceeds in one new home to claim tax benefits? Today's Ask Wallet Wise decodes how you can legally claim capital gains exemptions ...
India’s Parliament on Tuesday passed the new Income Tax Bill, 2025, set to replace the six-decade reign of the Income Tax Act of 1961. The Rajya Sabha returned the bill to the Lok Sabha with a voice ...
Indian Parliament replaces outdated 1961 Income Tax Act with new legislation Select Committee recommends key amendments to improve clarity and fairness New law introduces 'trust first, scrutinise ...