Notifications & Circulars Sahara Refund Portal (Press Information Bureau) (24.07.2024)In an Interlocutory Application filed by the Ministry of Cooperation in WP (C) No.191/2022 (Pinak Pani Mohanty vs UoI & Ors.), the Hon'ble Supreme Cou....MANU/PIBU/0558/2024Trusts and SocietiesFAQs issued by CBDT on the new capital gains tax regime proposed in the Union Budget 2024-25 (Press Information Bureau) (24.07.2024)Q1. What are the major changes brought about in the taxation of capital gains by the Finance (No.2) Bill, 2024? Ans. The taxation of capita....MANU/PIBU/0548/2024Direct Taxation'Angel Tax' Abolished for all Classes of Investors (Press Information Bureau) (23.07.2024)The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman proposed to abolish 'angel tax' for all classes of investors, while pres....MANU/PIBU/0542/2024Other TaxesNew Pension Scheme 'Vatsalya' Announced for Minors (Press Information Bureau) (23.07.2024)A new pension scheme named 'Vatsalya' has been proposed for minors by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in the Un....MANU/PIBU/0545/2024CivilBudget 2024-25 Introduces Enhanced Deductions and Revised Tax Slabs (Press Information Bureau) (23.07.2024)What is Income Tax? Income tax is a government levy on the income earned by individuals and businesses during a financial year. "Income" enc....MANU/PIBU/0544/2024Miscellaneous