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Warren Buffet’s Berkshire Hathaway Q4 profit surges 71% to $14.53 billion on insurance income amid high interest rates
Berkshire Hathaway Inc.’s operating earnings surged 71% in the fourth quarter, as higher interest rates lifted the conglomerate’s investment income and its insurance business improved.
Income Tax Bill: ICMAI submits memorandum to LS appointed 31-Member select committee
The Institute of Cost Accountants of India (ICMAI) has submitted a comprehensive 160-page memorandum to the Lok Sabha-appointed Select Committee, chaired by Baijayant Panda, advocating
Substantive changes in the Income Tax Bill 2025
It is not often that a sovereign nation attempts to repeal its tax legislation, replacing it altogether with a new one. The Income Tax Act,
Reforms by stealth in personal income tax
After skimming through the new Income Tax Bill tabled in Parliament last week, many folks seem to be put out that it didn’t contain any
Income tax makes no economic sense
So we are going to have a new income tax law soon. It will replace the old 1961 law. No matter. The government will still
New income tax Bill doesn’t take up major reform
When Finance Minister Nirmala Sitharaman promised in her Budget speech that a comprehensive review of the Income Tax Act of 1961 was underway, it raised
New Income Tax bill: How will it impact taxpayers?
After the substantial relaxations announced under the new tax regime in the recent Budget, it was a bit unreasonable for folks to expect further miracles from
ACB finds assets over 200 per cent beyond income of Rajasthan PWD engineer during raids
The Anti-Corruption Bureau (ACB) has found assets worth over 200 per cent more than the known income of a Public Works Department (PWD) executive engineer
Baijayant Panda-led panel to study Income Tax Bill before next session
Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill. The panel, headed
Income Tax department activates section wise mapping of I-T Act, Tax bill
Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in the simplified I-T Bill, 2025, on the