Month: February 2025

Income Tax basic exemption limit and tax slabs for individuals & HUFs for AY 2026-27 as proposed in Union Budget 2025-26.  Union Finance Minister shall present Union Budget 2025-26 in Parliament on 1st February 2025. Hopes are high that taxpayers shall be given much desired relief in taxation …

Section 87A Rebate for AY 2026-27 ( FY 2025-26 ) under New Tax Regime and Old Tax Regime as per Union Budget 2025-26. Amendment proposed, amount of rebate and eligibility. Section 87A Rebate for AY 2026-27 ( FY 2025-26 ). Union Finance Minister shall present Union Budget 2025-26 …

ICAI (Merger & Demerger of CA firms) Guidelines 2024 has been notified by the ICAI w.e.f. 31.01.2025 The guidelines provides for the modalities of mergers of CA firms to encourage and develop core competencies and to render professional services on a much larger geographical scale. As per guidelines, …