ICAI MEMBERS
The Finance Bill 2026 removes the ability to deduct interest paid on borrowed funds used to earn dividend income or income from mutual fund units. Previously, such interest
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ICAI MEMBERS
The Finance Bill proposes a major change by giving statutory backing to guidelines issued by the CBDT, making them mandatory for both tax authorities and taxpayers. Historically, these
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ICAI MEMBERS
Finance minister Nirmala Sitharaman says, “For the labour-intensive textile sector, I propose an integrated programme with five sub-parts. One, the National Fibre Scheme for self-reliance in natural fibres
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