tax audits

New Income Tax Bill 2025 to be tabled at 2 PM today: Key tax-related changes to expect

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New Income Tax Bill 2025 to be tabled at 2 PM today: Key tax-related changes to expect

Union Finance Minister Nirmala Sitharaman will present the new Income Tax Bill 2025 in the Lok Sabha today. This bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax Act of 1961. The bill will then be referred to the Parliamentary Standing Committee on Finance, which will … Read more

Income Tax Returns FY24: How to properly report P2P lending income while filing your ITR. Check details

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Income Tax Returns FY24: How to properly report P2P lending income while filing your ITR. Check details

ITR FY2024: P2P Lending or Peer-to-Peer Lending is one of the upcoming and somewhat most trusted ideas to earn passive income. P2P lending, also known as social lending, is an innovative financial model that has seen considerable growth in recent years. This approach provides individuals with an alternative means of securing funds without the need … Read more