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Make demergers tax-neutral, biz houses nudge govt

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies......

I-T Bill Restores Tax Benefits For Religious Trusts

'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in......

Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.......

What You Must Know About New Income Tax Act

The contrast with the old Income-Tax Act is stark.The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000.Chapters have been cut from 47 to 23, while sections have reduced from......

Relief for taxpayers, late refund claim may be allowed

'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said. Illustration: Dominic......

Dhruva Advisors

News for Dhruva Advisors

Make demergers tax-neutral, biz houses nudge govt

I-T Bill Restores Tax Benefits For Religious Trusts

Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

What You Must Know About New Income Tax Act

Relief for taxpayers, late refund claim may be allowed

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