The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the ...

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 Union Cabinet, chaired by Prime Minister Narendra Modi, approved the bill on Friday (February 7). After its introduction, ...

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 ...

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

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

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

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