{"id":7173,"date":"2024-05-17T19:15:49","date_gmt":"2024-05-17T19:15:49","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=7173"},"modified":"2025-01-15T19:15:53","modified_gmt":"2025-01-15T19:15:53","slug":"recent-official-tax-income-tax-tds-updates-from-cbdt","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/","title":{"rendered":"Recent Official Tax (Income Tax + TDS) Updates from CBDT"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5487\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Is-you-dont-willing-to-Pay-Income-Tax-for-the-FY-2022-23..jpeg\" alt=\"Is you don\u2019t willing to Pay Income Tax for the FY 2022-23.\" width=\"1000\" height=\"506\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Is-you-dont-willing-to-Pay-Income-Tax-for-the-FY-2022-23..jpeg 1000w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Is-you-dont-willing-to-Pay-Income-Tax-for-the-FY-2022-23.-300x152.jpeg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Is-you-dont-willing-to-Pay-Income-Tax-for-the-FY-2022-23.-768x389.jpeg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/03\/Is-you-dont-willing-to-Pay-Income-Tax-for-the-FY-2022-23.-800x405.jpeg 800w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69daa7997d9b8\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69daa7997d9b8\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#Recent_Official_Tax_Updates_from_CBDT_India_Income_Tax_TDS\" title=\"Recent Official Tax Updates from CBDT India (Income Tax + TDS)\">Recent Official Tax Updates from CBDT India (Income Tax + TDS)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#Introduce_of_Income_Tax\" title=\"Introduce of Income Tax\">Introduce of Income Tax<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#The_Indian_tax_system_categorizes_income_into_six_main_sources\" title=\"The Indian tax system categorizes income into six main sources:\">The Indian tax system categorizes income into six main sources:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#Taxpayers_have_the_option_to_choose_between_these_two_systems\" title=\"Taxpayers have the option to choose between these two systems.\">Taxpayers have the option to choose between these two systems.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#Income_Tax_Return_Forms_for_Assessment_Year_2024-25\" title=\"Income Tax Return Forms for Assessment Year 2024-25\">Income Tax Return Forms for Assessment Year 2024-25<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#How_to_Access_Income_Tax_Notifications\" title=\"How to Access Income Tax Notifications:\">How to Access Income Tax Notifications:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#TDS_in_India\" title=\"TDS in India\">TDS in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#Key_Features_of_Tax_Deducted_at_Source\" title=\"Key Features of Tax Deducted at Source:\">Key Features of Tax Deducted at Source:<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#Income_tax_rate_in_case_of_capital_Gain_regulation_in_India\" title=\"Income tax rate in case of capital Gain regulation in India\">Income tax rate in case of capital Gain regulation in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/recent-official-tax-income-tax-tds-updates-from-cbdt\/#Data_on_Direct_Tax_DT_collections_and_Advance_Tax_collections_for_FY_2024-25_as_on_12012025_has_been_released\" title=\"Data on Direct Tax (DT) collections and Advance Tax collections for FY 2024-25 as on 12.01.2025 has been released\">Data on Direct Tax (DT) collections and Advance Tax collections for FY 2024-25 as on 12.01.2025 has been released<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Recent_Official_Tax_Updates_from_CBDT_India_Income_Tax_TDS\"><\/span><span style=\"color: #000080;\">Recent Official Tax Updates from CBDT India (Income Tax + TDS)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Introduce_of_Income_Tax\"><\/span><span style=\"color: #000080;\">Introduce of Income Tax<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Income tax is a form of direct tax levied by the government on the income of individuals and entities. It is a critical source of revenue for the government, enabling it to fund various public services and infrastructure projects, such as healthcare, education, transportation, and defense. The income tax system is governed by specific laws and regulations, which outline how the tax is calculated, collected, and administered.<\/p>\n<p>The main motive of collecting income tax is to fund government expenditures on public services and infrastructure, such as buildings, roads, and other development projects. Income tax in India is collected by the central government and distributed to state governments to support various regional development activities.<\/p>\n<p>Income tax is administered by the CBDT and governed by the Income Tax Act of 1961.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Indian_tax_system_categorizes_income_into_six_main_sources\"><\/span><span style=\"color: #000080;\"><strong>The Indian tax system categorizes income into six main sources:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income from Salary: Earnings from employment.<\/li>\n<li>Income from Business or Profession: Profits generated by businesses or professional services.<\/li>\n<li>Income from Capital Gains: Profits from the sale of assets or investments.<\/li>\n<li>Income from Other Sources: Any income that does not fall into the other categories, such as interest earned on savings.<\/li>\n<li>Income from House Property: Rental income or income from property ownership.<\/li>\n<li>Income from Lottery, Horse Race, etc.: Winnings from lotteries, betting, and gambling activities.<\/li>\n<\/ul>\n<p>Different types of income are taxed at different rates, and the government provides various deductions that can reduce taxable income. After accounting for these deductions, the taxable income of an individual can be calculated.<\/p>\n<p>Income tax in India is charged based on the income earned by the individual, using a slab system. There are two slab systems available:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6910\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-scaled.jpg\" alt=\"Old Vs New tax regime - Recent Update\u00a01\" width=\"1994\" height=\"2560\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-scaled.jpg 1994w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-234x300.jpg 234w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-798x1024.jpg 798w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-768x986.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-1196x1536.jpg 1196w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-1595x2048.jpg 1595w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/02\/Old-Vs-New-tax-regime-Recent-Update-1-800x1027.jpg 800w\" sizes=\"(max-width: 1994px) 100vw, 1994px\" \/><\/p>\n<ul>\n<li>Old System: Includes various exemptions and deductions.<\/li>\n<li>New System: Introduced with an annual Budget, offering lower tax rates but with fewer exemptions and deductions.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5748\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/02\/New-Vs-old.jpg\" alt=\"New Vs old income tax system\" width=\"1080\" height=\"798\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/02\/New-Vs-old.jpg 1080w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/02\/New-Vs-old-300x222.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/02\/New-Vs-old-1024x757.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/02\/New-Vs-old-768x567.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/02\/New-Vs-old-800x591.jpg 800w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Taxpayers_have_the_option_to_choose_between_these_two_systems\"><\/span><span style=\"color: #000080;\"><strong>Taxpayers have the option to choose between these two systems.<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Individuals must file their income tax returns (ITRs) electronically using the appropriate form, depending on their source of income:<\/p>\n<ul>\n<li>ITR-1: For salaried individuals.<\/li>\n<li>ITR-2: For individuals and HUFs not having income from business or profession.<\/li>\n<li>ITR-3: For individuals and HUFs having income from business or profession.<\/li>\n<li>ITR-4: For presumptive income from business and profession.<\/li>\n<li>ITR-5: For partnership firms.<\/li>\n<li>ITR-7: For persons including companies required to furnish returns under sections 139(4A) to 139(4D).<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Income Tax Notices\u00a0<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7049\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Income-tax-notices-.jpg\" alt=\"Income tax notices\" width=\"1020\" height=\"1280\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Income-tax-notices-.jpg 1020w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Income-tax-notices--239x300.jpg 239w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Income-tax-notices--816x1024.jpg 816w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Income-tax-notices--768x964.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/12\/Income-tax-notices--800x1004.jpg 800w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/p>\n<p>Even those earning below the taxable threshold can file returns. Non-compliance with income tax provisions can result in severe penalties, including fines and imprisonment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Income_Tax_Return_Forms_for_Assessment_Year_2024-25\"><\/span><strong><a href=\"https:\/\/www.incometax.gov.in\/iec\/foportal\/downloads\">Income Tax Return Forms for Assessment Year 2024-25<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.incometax.gov.in\/iec\/foportal\/downloads\"><em>Common Offline Income\u00a0 Tax Utility for filing ITR return &#8211; ITR 1, ITR 2 and ITR 4 for the AY 2024-25.<\/em><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Access_Income_Tax_Notifications\"><\/span><span style=\"color: #000080;\">How to Access Income Tax Notifications:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000080;\"><strong>Income Tax Government Portal:<\/strong><\/span><\/p>\n<ul>\n<li>Visit the official Income Tax Department website (<a href=\"https:\/\/www.incometaxindia.gov.in\/\">https:\/\/www.incometaxindia.gov.in<\/a>) for the latest notifications, circulars, and updates.<\/li>\n<li>The portal provides comprehensive resources, including downloadable forms, FAQs, and detailed guides on various tax provisions.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Central Board of Direct Taxes Announcements:<\/strong><\/span><\/p>\n<ul>\n<li>Regularly check the &#8220;What&#8217;s New&#8221; section on the Income Tax Department website for the latest announcements and updates from the Central Board of Direct Taxes.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Income Tax Circulars and Amendments:<\/strong><\/span><\/p>\n<ul>\n<li>Access the &#8220;Notifications&#8221; section for detailed circulars and amendments. This section is frequently updated to reflect the latest changes in tax laws and procedures.<\/li>\n<\/ul>\n<p>By staying informed through these official channels, taxpayers can ensure compliance with the latest tax laws and take advantage of any new benefits or provisions introduced by the government.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"TDS_in_India\"><\/span><span style=\"color: #000080;\"><strong>TDS in India<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tax Deducted at Source (TDS) in India is a direct tax mechanism where the payer deducts a certain percentage of tax before making a payment to the payee. This system ensures that tax is collected at the source of income, thereby facilitating regular inflow of revenue to the government and reducing the burden of lump-sum tax payments for the taxpayer at the end of the financial year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Features_of_Tax_Deducted_at_Source\"><\/span><span style=\"color: #000080;\"><strong>Key Features of Tax Deducted at Source:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000080;\"><strong>Scope and Applicability:<\/strong><\/span><\/p>\n<ul>\n<li>Tax Deducted at Source is applicable to various types of income, including salaries, interest payments by banks, dividends, rent, asset sales, and other specified payments.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>TDS Rate:\u00a0<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7165\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/TDS-.jpg\" alt=\"tds rate chart 24-25\" width=\"1237\" height=\"847\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/TDS-.jpg 1237w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/TDS--300x205.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/TDS--1024x701.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/TDS--768x526.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/06\/TDS--800x548.jpg 800w\" sizes=\"(max-width: 1237px) 100vw, 1237px\" \/><\/p>\n<p><span style=\"color: #000080;\"><strong>Management and Governance<\/strong>:<\/span><\/p>\n<ul>\n<li>Tax Deducted at Source is managed by the Central Board of Direct Taxes (CBDT) and is governed by the Income Tax Act of 1961.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Filing Requirements:<\/strong><\/span><\/p>\n<ul>\n<li>Tax Deducted at Source returns must be filed quarterly by the deductors. These returns can be e-filed for convenience and efficiency.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Purpose<\/strong>:<\/span><\/p>\n<ul>\n<li>The main purpose of Tax Deducted at Source is to ensure that tax is collected in advance and to prevent tax evasion. It helps in spreading the tax payment liability over the year rather than a lump-sum payment at the end of the year.<\/li>\n<li>It provides a steady source of revenue to the government throughout the year.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Rates and Deductions:<\/strong><\/span><\/p>\n<ul>\n<li>Different rates of Tax Deducted at Source apply to different types of payments and transactions. These rates are specified under various sections of the Income Tax Act.<\/li>\n<li>For example, sections 194IA, 194IB, and 194IC govern Tax Deducted at Source on the sale of assets, while section 302 governs Tax Deducted at Source on dividends.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Refunds<\/strong>:<\/span><\/p>\n<ul>\n<li>If the tax deducted is higher than the actual tax liability of the individual, a refund can be claimed. This is typically processed through the filing of an income tax return.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Compliance and Penalties:<\/strong><\/span><\/p>\n<ul>\n<li>Non-compliance with Tax Deducted at Source provisions can attract significant penalties, including fines and imprisonment. This stringent measure ensures that tax evasion is minimized as the responsibility of tax deduction lies with the payer.<\/li>\n<\/ul>\n<p><strong>Form 26AS<\/strong>:<\/p>\n<ul>\n<li>The details of Tax Deducted at Source deducted are reflected in Form 26AS, which is an annual consolidated tax statement. Taxpayers can use this form to verify the tax deducted and claim credit for the same when filing their income tax returns.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Specific Sections related to TDS:<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"color: #000080;\"><strong>Section 194IA<\/strong>:<\/span> TDS on the sale of immovable property.<\/li>\n<li><span style=\"color: #000080;\"><strong>Section 194IB<\/strong><\/span>: Tax Deducted at Source on rent paid by individuals or HUF not covered under tax audit.<\/li>\n<li><span style=\"color: #000080;\"><strong>Section 194IC<\/strong><\/span>: TDS on consideration for joint development agreements.<\/li>\n<li><span style=\"color: #000080;\"><strong>Section 302<\/strong>:<\/span> Governs TDS on dividends.<\/li>\n<\/ul>\n<p>By ensuring that tax is deducted at the source, the Tax Deducted at Source system helps streamline tax collection, improve compliance, and reduce the possibility of tax evasion. The periodic filing of Tax Deducted at Source returns and the reflection of these deductions in Form 26AS provide transparency and facilitate easier tax management for both the taxpayers and the tax authorities.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Income_tax_rate_in_case_of_capital_Gain_regulation_in_India\"><\/span><a href=\"https:\/\/carajput.com\/publications\/income-tax-rate-in-case-of-capital-gain-regulation-in-india.pdf\"><span style=\"color: #000080;\"><strong>Income tax rate in case of capital Gain regulation in India<\/strong><\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7656\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/photo_2024-07-25_12-06-50.jpg\" alt=\"LTCG new capital gain\" width=\"1206\" height=\"1280\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/photo_2024-07-25_12-06-50.jpg 1206w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/photo_2024-07-25_12-06-50-283x300.jpg 283w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/photo_2024-07-25_12-06-50-965x1024.jpg 965w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/photo_2024-07-25_12-06-50-768x815.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/photo_2024-07-25_12-06-50-800x849.jpg 800w\" sizes=\"(max-width: 1206px) 100vw, 1206px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-7654\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/ltcg.jpg\" alt=\"New Capital Gains Taxation Regime\" width=\"885\" height=\"1376\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/ltcg.jpg 823w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/ltcg-193x300.jpg 193w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/ltcg-658x1024.jpg 658w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/ltcg-768x1194.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/07\/ltcg-800x1244.jpg 800w\" sizes=\"(max-width: 885px) 100vw, 885px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Data_on_Direct_Tax_DT_collections_and_Advance_Tax_collections_for_FY_2024-25_as_on_12012025_has_been_released\"><\/span><span style=\"color: #000080;\"><strong>Data on Direct Tax (DT) collections and Advance Tax collections for FY 2024-25 as on 12.01.2025 has been released<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8449\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/Data-on-Direct-Tax-DT-collections-and-Advance-Tax-collections-for-FY-2024-25-as-on-12.01.2025-has-been-released.jpg\" alt=\"Direct Tax (DT) collections and Advance Tax collections for FY 2024-25 as on 12.01.2025 has been released.\" width=\"1089\" height=\"383\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/Data-on-Direct-Tax-DT-collections-and-Advance-Tax-collections-for-FY-2024-25-as-on-12.01.2025-has-been-released.jpg 1089w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/Data-on-Direct-Tax-DT-collections-and-Advance-Tax-collections-for-FY-2024-25-as-on-12.01.2025-has-been-released-300x106.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/Data-on-Direct-Tax-DT-collections-and-Advance-Tax-collections-for-FY-2024-25-as-on-12.01.2025-has-been-released-1024x360.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/Data-on-Direct-Tax-DT-collections-and-Advance-Tax-collections-for-FY-2024-25-as-on-12.01.2025-has-been-released-768x270.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/Data-on-Direct-Tax-DT-collections-and-Advance-Tax-collections-for-FY-2024-25-as-on-12.01.2025-has-been-released-800x281.jpg 800w\" sizes=\"(max-width: 1089px) 100vw, 1089px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent Official Tax Updates from CBDT India (Income Tax + TDS) Introduce of Income Tax Income tax is a form of direct tax levied by the government on the income of individuals and entities. It is a critical source of revenue for the government, enabling it to fund various public services and infrastructure projects, such &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[161],"tags":[162],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/7173"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=7173"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/7173\/revisions"}],"predecessor-version":[{"id":8450,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/7173\/revisions\/8450"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=7173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=7173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=7173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}