finance act 2025

No Tax Deductions on Home Loan in New Regime: Why Prepaying Your Loan Early Is a Smart Move

June 29, 2025 / Leave a Comment

With the new tax regime eliminating home loan interest deductions, many are questioning the value of EMIs. This article explores why 2025 could be the smartest time to prepay your home loan—and how it can give your financial goals a major boost.

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IncomeTAX

Section 44AA (Finance Act 2025): Updated Guide on Mandatory Book‑keeping

June 29, 2025 / 1 Comment

Understand the latest provisions of Section 44AA under the Finance Act 2025. Learn who is required to maintain books of accounts, thresholds for professionals and businesses, rules under presumptive taxation, penalties for non-compliance, and practical tips for tax compliance in India.

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