Month: February 2025

The Income Tax Act provides certain exemptions on sale of house property having long term gains. These exemptions are provided under Section 54 and Section 54EC. Section 54:Section 54 gives relief to a taxpayer who sells his residential house and from the sale proceeds he acquires another residential house. Further,…

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The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduces significant reforms aimed at easing the tax burden on individuals, especially the middle class, and simplifying tax compliance for … Union Budget 2025: Major Tax Updates You Should Know Read More » The post Union Budget 2025: Major Tax…