'There is a challenge in repositioning yourself, maybe reinventing yourself.'
The government has notified October 1 as the starting date for direct tax dispute resolution scheme Vivad Se Vishwas 2.0. Vivad Se Vishwas scheme 2.0 was originally announced in Budget 2024-25 presented in July for resolution of certain income tax disputes pending appeal.
'Tax rate and stock markets are entirely two different things.'
India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.
Failure to disclose any income can lead to penalties and legal issues.
Conservative investors seeking equity-like tax benefits with low risk may go for them.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.