INSIGHTS

The Income-Tax Bill 2025 is a reform of significant magnitude and it is expected to replace the sixty-year-old Income-Tax Act 1961. The Bill was introduced in the Lok Sabha on 13 February 2025, and was drafted during a six-month period, with some 75,000 person-hours of tax officials input. Its features include to streamline the old language, to remove duplications, to reduce litigation, and to increase compliance with increased clarity and technology. The Bill thus introduces

ABSTARCT This article conducts a critical legal and policy study of India's angel tax scheme under Section 56(2) (viib) of the Income Tax...

INTRODUCTION India's fast-changing economy, characterized by faster growth and greater integration into the global economy, necessitates...

INTRODUCTION All the tax laws made by the government are important components for the economic system of every country because all the...

The recent developments and changes in the 2025 budget by Union Minister Nirmala Sitaraman have triggered major changes in the Indian...

What is start-up India? “Startup India” the leading ingenuity of the Administration of our nation, envisioned to increase the growth in...

INTRODUCTION Buybacks is a process or a mechanism where the company approaches the shareholders to buyback or repurchase the shares they...

Introduction The exemption of tax on agricultural income dates back to the colonial era when the British, acknowledging the critical role...

Introduction Cryptocurrencies have developed in the form of a revolutionary force in the financial sector across the globe, and this has...

Introduction For a long period, progress has been shadowed by tax evasion, which involves intentionally hiding income or presenting false...

Introduction A Double Tax Avoidance Agreement (DTAA) is a tax treaty or agreement between two or more countries that prevents income...

Statement Of Problem The present research focuses on critically analyzing the case of Asstt. IT v. Saurashtra Kutch Stock Exchange Ltd of...

Introduction India was ranked 63rd out of 190 nations in the World Bank's Report on the Ease of Doing Business (EODB), 2020. On three of...

Introduction To ease the burden of the assesses (general public who are taxpayers) to pay the tax on due date at the end of the financial...

INTRODUCTION : THE GENESIS OF TAXATION IN INDIA The germination of the system of taxation can be referenced far back to the ancient times...

Introduction The Double Taxation Avoidance Agreement facilitates elimination of double taxation. This agreement clearly caters the need...

Introduction With the exponential growth of trade and commerce in the globalised era, the spectrum of taxes associated with it has also...

INTRODUCTION Initially introduced in India through a Direct Tax Code Bill in 2009, General Anti-Avoidance Rules (GAAR) are covered under...

The Directive Principles of State Policy, enshrined in Part IV of the Indian Constitution articulates that India is a welfare state. A...

INTRODUCTION The fast-paced growth of Start-ups in India has attracted support and aid from the government and also numerous industrial...