Mathrubhumi EnglishFeb 1
Union Budget 2026 simplifies tax filing, reduces TCS, and extends return deadlines for individuals https://english.mathrubhumi.com/news/money/budget-2026-tax-relief-on-overseas-travel-education-and-medical-costs-easy-itr-filing-in-spotlight-f5ck670l?utm_source=dlvr.it&utm_medium=mastodon #UnionBudget2026 #IncomeTaxAct #TaxReforms #ITReturns #TCS
Mathrubhumi EnglishFeb 1
Union Budget 2026 brings major income tax changes, including a new Income Tax Act from April 1, extended deadlines for revised returns, lower TCS rates and new exemptions aimed at easing taxpayer compliance. https://english.mathrubhumi.com/news/money/union-budget-2026-new-income-tax-act-from-april-1-revised-return-deadline-extended-to-march-31-rtoryzf0?utm_source=dlvr.it&utm_medium=mastodon #UnionBudget2026 #IncomeTaxAct #TaxReforms #ITReturns
Union Budget 2026: New Income Tax Act from April 1; revised return deadline extended to March 31

Union Budget 2026: Finance Minister Nirmala Sitharaman announces the new Income Tax Act effective April 1, extends revised ITR filing deadline to March 31, cuts TCS on education, medical expenses and overseas tours, and introduces automated tax processes.

Mathrubhumi English
Mathrubhumi EnglishDec 25
Discover India`s upcoming tax reforms! Learn about GST consolidation, new Income Tax Act, customs duty rationalization, and procedural simplification. https://english.mathrubhumi.com/news/money/india-tax-reforms-2026-n4fuyvsa?utm_source=dlvr.it&utm_medium=mastodon #incometaxact #gst #budget
Yonhap Infomax NewsAug 8, 2025
South Korean lawmaker Kim Mi-ae has proposed an amendment to lower the dividend withholding tax rate from 14% to 9%, aiming to ease the burden on retail investors and boost capital market activity.
#YonhapInfomax #DividendTax #IncomeTaxAct #RetailInvestors #CapitalMarket #KimMiAe #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76238
Kim Mi-ae of the Opposition Proposes Income Tax Act Amendment to Lower Dividend Tax Rate from 14% to 9%

South Korean lawmaker Kim Mi-ae has proposed an amendment to lower the dividend withholding tax rate from 14% to 9%, aiming to ease the burden on retail investors and boost capital market activity.

Yonhap Infomax
Robin GhoshMar 13, 2024
Mastering Advance Tax Payments: A Step-by-Step Guide under Income Tax Act
https://buff.ly/3ThbmjH
#AdvanceTaxGuide #IncomeTaxAct #TaxPaymentTips #TaxPlanning #TaxCompliance101
Mastering Advance Tax Payments: A Step-by-Step Guide under Income Tax Act

Navigating the complexities of tax compliance often requires proactive measures, and Advance Tax payments stand as a fundamental aspect of fulfilling tax obligations under the Income Tax Act, 1961.…

IndiaNewsWatchFeb 17, 2024

Electoral Bonds era ends. But gov’t is now collecting details of every donation to each political party

The Income Tax department has asked donors to divulge details of all contributions made to political parties through cash, cheque, or any other mode. Enforcement agencies will soon have this data, but the citizens will stay in the dark.

#ElectoralBonds #elections2024 #BJP #IncomeTaxAct #OppositionParties #congress #StateSurveillance #UnionGovt #india

https://www.reporters-collective.in/trc/wider-net-than-electoral-bonds

Electoral Bonds era ends. But gov’t is now collecting details of every donation to each political party

The Income Tax department has asked donors to divulge details of all contributions made to political parties through cash, cheque, or any other mode. Enforcement agencies will soon have this data, but the citizens will stay in the dark.

The Reporters' Collective
Mark Blumberg, Charity LawyerJul 3, 2023
CRA views on non-profit distributions to members and whether the NPO is still a non-profit under the Income Tax Act (Canada) https://www.canadiancharitylaw.ca/blog/cra-views-on-non-profit-distributions-to-members-and-whether-the-npo-is-still-a-non-profit-under-the-income-tax-act-canada/ #NPOs #Nonprofit #NPORIP #Members #IncomeTaxAct
CRA views on non-profit distributions to members and whether the NPO is still a non-profit under the Income Tax Act (Canada) - CanadianCharityLaw.ca

Organizations that are considered to be non-profit under the Income Tax Act (Canada) have very different requirements than registered charities. In this

Canadian Charity Law
Show threadRuralTechieFeb 24, 2023

@cea @ctvnews_gotgrip @ctvnewsvi

last time they went out was quite some time back IIRC. It made life as a tax pro VERY difficult because regardless of #CRA, deadlines specified in the #IncomeTaxAct still must needs be met.

Clients are still unadvised properly because we can't get base information or file elections that we need to.

And the audits will continue. Just later.