Income Tax Bill News Highlights: Union Cabinet approves new I-T Bill; will be presented in Parliament next week
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
New income tax bill: What it could mean for taxpayers and how it can impact them
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the ...
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New Income Tax Bill 2025: Big update on the new income tax bill, the bill can be presented in Parliament on this day, so know what will change.
Now soon you will not need to run to a chartered accountant, company secretary, or any tax practitioner or lawyer to ...
New income-tax bill gets Cabinet nod; to be tabled in Parliament next week
The Bill will include the recent changes in income tax rates, slabs and TDS (Tax Deducted at Source) provisions will also be ...
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Union Cabinet Approves New Income Tax Bill To Replace Six-Decade-Old Law: Report
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the New Income Tax Bill on Friday (7 February), setting ...
New Income Tax Bill expected to be approved by Cabinet today; key details on what all it may cover
The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...
New Income Tax Bill likely to be introduced in Lok Sabha next week
The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.
New Income Tax Bill cleared by Cabinet: What is the New Income Tax Bill & why is it being introduced? Explained
The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...
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New income tax bill likely to be approved by Cabinet today: What to expect and key changes
The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...
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New Income Tax Bill unlikely to be tabled in Parliament this week! Here’s all you need to know
The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax ...
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Exclusive | What to expect from the new Income Tax Bill
One of the proposed changes is to present rates, thresholds, and limits in a tabular format, rather than in lengthy written ...
No need to wait for Budget for Income Tax Relief! New Income Tax Bill may have unique features, likely to get cabinet nod today
Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the ...