The Board said that in the proposed forms standardizsation of common information has been done across the forms with a view to reducing the compliance burden of the tax payers | Photo Credit: SIVA SARAVANAN S Income Tax Department on Saturday proposed reducing number of rules by around 35 per cent and eliminating more than […]
The Income Tax Department has issued a clarification on how “buyback tax” has changed with Union Budget 2026, to the benefit of small shareholders. Image for representational purposes only. (Pixabay) Finance Minister Nirmala Sitharaman, in her budget speech today, proposed to shift back buyback tax to a capital gains framework from dividend treatment in effect […]