Tag: income tax

Revamping I-T Act: Sitharaman to introduce revised bill half the length of current code for greater simplicity

Economy
Finance minister Nirmala Sitharaman will introduce a new income tax bill in parliament next week that will be half as long as the...

Budget 2025: Consumption gains focus, capex disappoints market expectations – Budget Outlook

Stocks
The Union Budget 2025 has shifted focus from capex to consumption, sparking market reactions. Sunil Singhania, Founder, Abakkus Asset Manager analyzes this shift,...

What brokerages expect from India’s union budget on Feb 1

Economy
India's federal government is expected to use next month's budget to stimulate economic growth through measures such as income tax cuts, although a...

Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official

Economy
As many as two lakh Income Tax Returns (ITRs) containing details of foreign assets and income have been filed during the current assessment...

A Tax-Saving Strategy for Your RMDs You Might Not Have Heard About

Market
Everybody hates being told what to do, and retirement investors hate it even more when...

I’m Going to Do a Roth Conversion on $250k. Can I Use the Converted Funds to Cover the Taxes?

Market
I want to do a Roth conversion from my traditional IRA in the amount of $250,000. It’s my understanding...

With $218k in My IRA at 67, Should I Start Withdrawals to Avoid Bigger RMDs?

Market
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I’m...
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