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Aspire CA

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A dedicated forum for CA Final & Other professional updates

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SPOM exams postponed

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Icai Exams Postponed in view of the tense and security situation in the country

ICAI postponing exams at 12 Cities. Chandigarh, Bhuj, Jammu, Srinagar Amritsar, Bathinda, Jalandhar, Ludhiana, Pathankot, Bikaner, Jodhpur & Sri Ganga Nagar.

Icai postpones examinations in 12 cities*

CA Final exams to be held 3 times a year like Inter and Foundation. In my honest opinion, this is a very very bad decision. CA Final requires extensive preparation and deep understanding of subjects. If not you're diluting the quality of students who pass out. Students would study just to pass and not for understanding! Thoughts?

Icai Allows Permanent Exemptions for CA Final candidates

Income Tax Bill, 2025 introduced in Lok Sabha today. A committee will be setup to review the Bill and decision on the Bill will be made on the next session. The Income Tax Bill 2025 is likely to be passed in the lower house of the Parliament and will be tabled at the Upper House as well. New Bill soon to become an Act (after passing in both houses of the Parliament)

The Income Tax Bill 2025.pdf

New Income Tax Bill 2025

Cabinet gives go-ahead to Income Tax Bill, 2025. Likely to be introduced in the Lok Sabha in the coming week. New Income Tax Bill will be more simple in language and easy to understand.

194J threshold limit increased to 50,000 194D, 194H threshold limit increased to 20,000 194K threshold limit increased to 10,000

Finance_Bill.pdf

Tax Rates as follows : 0-4 nil 4-8 5% 8-12 10% 12-16 15% 16-20 20% 20-24 25% >24 30% Except Capital Gains

No tax upto 12 lakhs - With Tax Rebate!

Personal Income Tax reforms with special focus on Middle Class