New Delhi, August 12, 2025 — The government has approved four important amendments to the Income Tax Act 1961. They set to take effect from the financial year 2025-26 but will formally embed in the new Income Tax Bill, 2025. This will apply from FY 2026-27. Finance Minister Nirmala Sitharaman said the changes has bought…
New Delhi — The Lok Sabha has passed the updated Income Tax (No. 2) Bill, 2025, which shortens and simplifies the country’s tax law but also gives income tax officials stronger powers during search operations. One of the most talked-about changes is that officials will now be able to access personal emails, social media accounts,…
Mumbai — The Securities and Exchange Board of India (SEBI) has proposed new rules to make it easier for legal heirs to get securities passed on to them, without facing unnecessary tax troubles. At present, when the original holder of securities like shares or bonds dies, the nominee — the person officially named to receive…