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The income tax bill shifts Section 80C deductions to Clause 123, effective April 1, 2026. The reform intends to simplify tax regulations and enhance taxpayer understanding while eliminating several dated provisions.
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Tesla begins hiring in India, signals entry plans after PM Modi's US trip
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LS passes banking laws amendment Bill allowing 4 nominees in bank accounts
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New PAN 2.0 system can catch duplicate PANs easily: Check and surrender duplicate PAN soon as Rs 10,000 penalty may apply
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Govt cracks down on unauthorised PAN use ahead of data protection law
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Develop new tech to make AI safe: Nvidia Founder & CEO Jensen Huang
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