New Income Tax Bill – OnlineTaxUpdate

Ahead of the passage of the new Income Tax Bill, the Central Board of Direct Taxes (CBDT) has set in motion a detailed implementation program. According to the action plan for fiscal year 2025-26, the board aims to train at least half of its workforce by the end of March.

Income Tax in Media

One-time set-off of long-term capital loss against STCG: New income tax bill 2025 allows this from tax year 2026-27 onwards

byAdmin22/05/202522/05/2025

In technical terms, the new income tax bill, 2025 allows any brought forward long-term capital loss (LTCL) incurred up to March 31, 2026, to be set-off against any short-term capital gains (STCG).

Income Tax in Media

New Income Tax Bill Unlikely To Be Introduced In Budget 2025: Report

byAdmin18/12/202418/12/2024

The Finance Ministry is reportedly unlikely to introduce the new Income-Tax Bill during the Budget 2025 session of Parliament. Finance…

Tag: New Income Tax Bill

CBDT gears up for new Income Tax Bill implementation, plans workforce training

One-time set-off of long-term capital loss against STCG: New income tax bill 2025 allows this from tax year 2026-27 onwards

New Income Tax Bill Unlikely To Be Introduced In Budget 2025: Report