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TREND | 23 Aug 2025

Kaun Banega Crorepati 2025: How Much Money Do KBC Contestants Take Home After Tax?

NDTV Profit

Kaun Banega Crorepati 2025: The prize money from game shows like KBC 2025 should be reported in ITR as per the provisions under Sections 115BB and 194B of the Income Tax Act, 1961.

Personal Finance & Investment

TREND | 23 Aug 2025

Using Umang to generate and activate your provident fund UAN

Business Line

A guide to generating UANs through the Umang app and facial authentication technology via the Aadhaar Face RD app

Personal Finance & Investment

TREND | 22 Aug 2025

JioFinance Offers ITR Filing At Rs 24: Check Plans Offered By ClearTax, TaxBuddy, Tax2Win And More

NDTV Profit

With the Sept. 15 deadline approaching, many taxpayers are now choosing third-party platforms for simplified and budget-friendly ITR filing.

Personal Finance & Investment

TREND | 22 Aug 2025

Excluded voters can file Aadhaar card or any of the 11 indicative documents with their claims and objections, SC directs

Business Line

The court order conveyed a sense of urgency with just days left before the claims-and-objections stage of the SIR ends on September 1

Pension scheme for workers meagre? Govt data shows most get under Rs 1,500

Business Standard | 22 Aug 2025 2 more

Personal Finance & Investment

TREND | 22 Aug 2025

President gives assent to Income-tax Act 2025, replacing 1961 law

Business Standard

President Droupadi Murmu has given her assent to the Income-tax Act, 2025, which will replace the archaic Income Tax Act, 1961. The Income Tax Act, 2025, will come into effect from the next financial year, beginning April 1, 2026. The new Act will make tax laws simple and reduce wordage in the legislation, making it easy to understand. "The Income-tax Act, 2025, has received the Hon'ble President's assent on August 21, 2025. A landmark reform replacing the 1961 Act, it ushers in a simpler, transparent & compliance-friendly direct tax regime," the Income Tax department said in a post on X. The Income Tax Bill, 2025, was passed by Parliament on August 12. The new Act does not impose any new tax rate and only simplifies the language, which was required for understanding the complex Income Tax laws. The new law removes redundant provisions and archaic language and reduces the number of Sections from 819 in the Income Tax Act of 1961 to 536 and the number of chapters from 47 to 23. Th

Income Tax Act Receives President's Assent, New Law To Come Into Effect In 2026

NDTV Profit | 22 Aug 2025

Personal Finance & Investment

TREND | 22 Aug 2025

Joint FD with family? Here's why it could mean a tax notice for you too

Business Standard

Tax experts warn that Rule 114E (2) duplicates high-value deposits in AIS, leaving secondary joint holders like homemakers and seniors vulnerable to mismatch notices