The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

Now soon you will not need to run to a chartered accountant, company secretary, or any tax practitioner or lawyer to ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax ...

The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...

The Bill will include the recent changes in income tax rates, slabs and TDS (Tax Deducted at Source) provisions will also be ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

Sitharaman announced in her budget speech that the new Income Tax Bill will be introduced in Parliament "next" week. The ...

The Direct Tax Code was announced in the Budget 2025 by Union finance minister Nirmala Sitharaman on February 1 ...

Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...