Income Tax Act Archives

On the personal income tax front, the FM introduced some tax slab changes in the new tax regime

Union Budget initiates overhaul of Income Tax Act: What to expect

PGurus Newsdesk - July 23, 2024 0

Budget 2024: FM announces changes in income tax slabs Finance Minister Nirmala Sitharaman announced a review of the Income Tax Act, 1961 in Budget proposals for...

SC has denied SBI's request for an extension to disclose details of electoral bonds encashed by political parties since April 2019, to June 30

Law and Order

Warning SBI, Supreme Court orders to release details of Electoral Bonds...

Team PGurus - March 11, 2024 2

SC slams SBI for "wilful disobedience", warns of Contempt Giving warning for Contempt of Court, the Supreme Court on Monday ordered State Bank of India...

The SBI has been ordered to furnish details of electoral bonds received by political parties to the Election Commission of India by March 6

Law and Order

Supreme Court cancels Electoral Bonds. Directs Election Commission to publish details...

Team PGurus - February 15, 2024 0

SC strikes down electoral bonds scheme as unconstitutional In a big setback to the Modi government, the Supreme Court of India on Thursday struck down...

“The assessment order passed by the department in August this year was time barred and hence cannot be sustained," Bombay High Court noted in its judgment

Law and Order

Bombay HC orders tax refund of Rs.1128 cr to Vodafone Idea....

Team PGurus - November 9, 2023 0

Vodafone Idea's 'win of Rs.1128 crore' The Bombay High Court has directed the Income Tax Department to refund Rs.1,128 crore to Vodafone Idea Limited paid...

Any participation in transactions involving virtual digital assets or cryptocurrency would come under the PMLA, the Centre has said

Investing

India imposes money laundering regulations on crypto transactions

PGurus Newsdesk - March 8, 2023 2

The exchange between virtual digital assets and fiat currencies to come under PMLA The Indian government has taken a major step to regulate the cryptocurrency...