Question
What major change has been introduced in the new Income Tax
Bill presented in Lok Sabha?Solution
The new Income Tax Bill, presented by Finance Minister Nirmala Sitharaman, replaces 'assessment year' with 'tax year', effective April 1, 2026. The 622-page Bill aims to simplify tax compliance without changing tax rates.
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup i...
For market risk, the minimum capital requirement is expressed in terms of two separately calculated charges. Which of the following are those two risks ...
According to the Union Budget 2025–26, which of the following is not listed as one of the six key pillars of the government's "Viksit Bharat" vision?
Under which section of the Income Tax Act can an individual claim a deduction for interest paid on a housing loan for a self-occupied property?
 Legal Entity Identifier India Ltd, an agency accredited by the GLEIF as the Local Operating Unit (LOU) in India for issuance and management of LEI (...
What is the full form of UIDF which is to be established as per Union Budget 2023-24?
A protection against financial losses in the future is called:
What is GIFT city and what are its objectives?
What does the concept of "Drawing Power" refer to in a Cash Credit facility?
Which of the following financial management practices is most critical for MSMEs to ensure financial sustainability in a competitive market?
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