This amendment will take effect from the 1st day of April, 2026 and shall accordingly, apply in relation to the assessment year 2026-27 and subsequent assessment years. Clause 3 of the Bill seeks to ...

Ans. As a consequence of the amendment bringing securities held by investment fund as a capital asset, the transfer of such securities shall be taxed as capital gains. Consequently, the income shall ...

Upholding the 2021 amendments to Gujarat Secondary and Higher Secondary Education Act which allowed the State to make rules ...

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

The Joint Parliamentary Committee, chaired by senior BJP leader Jagdambika Pal, is expected to meet on Wednesday to ...

More than 20 states have sued the Trump administration, saying it has disregarded over 125 years of legal precedent which has guaranteed that a person born in the U.S. is automatically a citizen.

T he Finance Minister has clarified that Unit Linked Insurance Plans (ULIPs) on whom clause (10D) of section 10 does not apply is a capital asset. Accordingly any profit and gains ...

U.S. Customs and Border Protection (CBP), under the U.S. Department of Homeland Security, published a Notice of Proposed Rulemaking on Jan. 21, ...

Closer look at landmark judgments cited by CJI Khanna in his speech on occasion of Supreme Court completing 75 yrs, and how ...

All the MPs who were a part of the discussions have been given time till 4 pm to submit their dissent, JPC chairman ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...