The Income Tax Bill 2025 has several aspects to be considered by the Non-Resident Indians as Clauses replace Sections.

To include more taxpayers within the income tax framework, the scope of Tax Deducted at Source (TDS) and Tax Collected at ...

The new bill clarifies the scope of total income while maintaining the existing tax principles. Under the previous law, Sections 5 and 9 stated that residents were taxed on their global income ...

In terms of the scope of total income, the new bill makes certain clarifications while maintaining the existing tax principles. Under the previous law, Sections 5 and 9 of the Income Tax Act, 1961, ...

Total annuity sales reached £7bn last year, a 34 per cent increase compared to 2023, and more people turned to advice before ...

In terms of scope of total income, the new bill makes certain clarifications while maintaining the existing tax principles. Under the previous law, Sections 5 and 9 of the Income Tax Act ...

In terms of the scope of total income, the new bill makes certain clarifications while maintaining the existing tax principles. Under the previous law, Sections 5 and 9 of the Income Tax Act ...

In terms of scope of total income, the new bill maintains the existing tax principles while making certain clarifications. Under the previous law, Sections 5 and 9 of the Income Tax Act ...

in computing its total income and paying tax at the rate of 22 per cent under the new regime (Section 115BAB), which is conspicuously missed in the Bill. c) The scope of “Information with the ...

In terms of the scope of total income, the new bill makes certain clarifications while maintaining the existing tax principles. Under the previous law, Sections 5 and 9 of the Income Tax Act ...

So the total income is Rs 20 lakh ... Once the authorities realise the scope for potential misuse, they could perhaps consider plugging the loophole, feel some tax consultants.