Explore rules of agricultural income taxation in India. This guide clarifies how agricultural income is defined, what ...

The Reserve Bank of India has released a report outlining the FREE-AI framework, a set of principles and recommendations for ...

The ITAT held that the assessee, being a resident individual with total income of less than Rs.7 lakh under Section 115BAC (1A), was entitled to rebate under Section 87A even though the tax arose on ...

Introduction When I wrote an article on this topic last year, for the very first time, I stated that rebate was not being allowed from 5th June 2024. After ...

Understand the old and new income tax regimes for salaried individuals in India for FY 2024-25. Compare tax slabs, deductions ...

Section 269SS of the Income Tax Act prohibits accepting cash loans or deposits of Rs.20,000 or more. Non-compliance can lead ...

SEBI is seeking public comments on a proposal for a new type of AIF scheme exclusively for Accredited Investors, with a simplified regulatory framework and greater ...

A SEBI consultation paper proposes regulatory changes for Large Value Funds (LVFs) for accredited investors. Proposals include reducing the minimum investment to ₹25 crore, removing restrictions on ...

SEBI releases a consultation paper proposing to allow resident Indians through retail schemes and mutual funds, to participate more easily in Foreign Portfolio Investors ...

SEBI's new SWAGAT-FI framework aims to simplify FPI and FVCI investments for trusted foreign entities by streamlining registration, compliance, and ...

The RBI is transitioning its Cheque Truncation System to a new continuous clearing and settlement model, aiming for faster processing and payment ...

The Reserve Bank of India has issued its second amendment to the KYC Directions, adding provisions for persons with disabilities, clarifying rules for international transactions, and incorporating ...