New Act, New Rules, Same Wealth: Navigating the Income-Tax Act 2025 as an HNI

The Income-tax Act, 2025 rewrote the rulebook in plain English—but the Select Committee flagged capital-loss set-off glitches, vanishing parity clauses, and dividend-deduction landmines. For HNIs, 'simpler language' can mean expensive surprises if your adviser isn't reading the fine print.

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