Union Cabinet approves new Income Tax Bill, replacing outdated 1961 Act, aiming for simplicity, fairness, and enforceability.

Union Cabinet approves new income tax bill; new bill seeks to make direct tax law simple to understand and not to impose any ...

FM Sitharaman had first announced a comprehensive review of the Income-tax Act, 1961 in July 2024 Budget.

New Delhi- The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to understand, re ...

The message from India’s Budget 2025 was subtle, yet clear: the middle-income class has to spend more to boost corporate ...

A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...

Both Houses of Parlaiment are set to discuss on Thursday the Union Budget 2025-2026 that was presented by Finance Minister ...

India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms and an ...

Volkswagen has slapped the Indian authorities with a lawsuit over a staggering $1.4 billion tax demand.

Final, Implementation and Execution Bottlenecks: Efficient governance is crucial for the timely execution of projects, ...

Check the updated income tax slabs, rates, and deductions announced in Union Budget 2025-26. Compare the new tax regime with ...

Finance Minister Nirmala Sitharaman has increased the tax rebate for individual taxpayers to Rs 12 lakh from the upcoming ...