This follows requests from ICSI and ICMAI to include their members in the ‘accountant’ definition of the new Income Tax Bill.

The Institute of Cost Accountants of India (ICMAI) has requested the government to recognize cost accountants under the definition of 'accountant' in the forthcoming Income Tax Bill, 2025. The ...

ICMAI advocates for cost accountants to be included in the definition of accountants under the Income Tax Bill 2025.

Textile and other goods exporters have started misusing the facility after the government imposed a 29% income tax on exporters in the last budget. However, information technology-related exported ...

Due to the end of the so-called traffic light coalition and the upcoming new elections in Germany, numerous draft tax bills will not be adopted ...

Amid discussions on the new Income Tax Bill, the Institute of Chartered Accountants of India (ICAI) asserts that audit responsibilities should remain exclusive to chartered accountants. Sister ...

Average demand in more than half of boroughs expected to break £2,000 - and will hit almost £2,500 in Kingston and Croydon ...

The New Income Tax Bill 2025 was recently tabled in the parliament. It aims to rationalize the provisions of The Income Tax Act 1961 and present it in a simpler language. The Government and the people ...

ICSI and ICMAI have urged the Indian government to include company secretaries and cost accountants under the definition of 'accountant' in the Income Tax Bill. The bodies argue that this recognition ...

We have completely shaken up the Income Tax Act. And the 1961 IT Act will now be replaced with a new Act which is in the form ...

As the New Bill moves through the legislative process, the taxpayers and professionals alike are keenly watching the ...

Finance Minister Nirmala Sitharaman has introduced the Income Tax Bill, 2025, in Parliament, proposing a comprehensive overhaul of India’s tax laws to simplify compliance and modernize the taxation ...