Question
What is the new Cost Inflation Index (CII) set by CBDT
for FY 2025–26?ÂSolution
The CII for FY 2025–26 is 376, up from 363 in the previous fiscal year, used to adjust the cost of assets for capital gains tax calculation.Â
As per the revision in GST rates under the GST reforms introduced by the government in 2025, the new GST tax slabs are ____
The salaried persons are allowed a standard deduction of Rs.50,000 on their salary income as per the Income Tax Act, 1961 under ______
What is the corporate tax rate for domestic companies in India? Â
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
Securities Transaction Tax (STT) is a ________ tax levied on every purchase and sale of shares and derivatives on recognized Indian stock exchanges to c...
Under the Union Budget 2026, the government announced targeted increases in STT rates for derivatives to discourage speculative trading. Effective from...
While recommending the distribution of tax revenues between the Union and the States, the Finance Commission considers only those taxes that form part o...