The new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

When the Income Tax Act of 1961 came into being it had 880 pages. Over the years, the act contained several amendments ...

Very soon the new Income Tax Act-1961 will be replaced by a new Income Tax Act in the country. For this, the Income Tax ...

The primary objectives included minimising disputes and litigations while offering taxpayers a higher level of tax predictability. In order to achieve these goals, 22 specialised sub-committees have ...

The government is keen on detailed consultation on the bill and likely to send it to a Select Committee for further ...

India's new Income Tax Bill to be introduced in Lok Sabha on Thursday, likely to go to a Select Committee for further review.

Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...

The new Income Tax Bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

Bihar had a demand for getting a ‘special status’ but that issue has now been resolved, Janata Dal (United) MP Sanjay Kumar Jha said on Monday stressing that the state is reaping the benefits of a ...

Tax simplification should not be seen as a one-time effort but as a continuous process that evolves with changes in the economy, technology, and global practices.