Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...

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

The Union Cabinet approved a new Income Tax Bill to modernize and simplify India's tax system, replacing the 1961 Act. The ...

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

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

The current Income Tax Act was enforced in the country in 1961 and now, the new Income Tax Act is being made according to the ...

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

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

Modi Government is going to take a big decision regarding the income law. Under this, a big change can be made soon in the ...

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...