Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts ...

Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill which aims to simplify and modernize India’s tax ...

Finance Minister Nirmala Sitharaman has announced that the government is preparing to introduce a new Income Tax Bill in the Lok Sabha next week. The bill, which has already been approved by the Union ...

The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it more streamlined and transparent.

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

Migration to the new tax regime to gain further pace; new IT Act to ease tax filing and compliance, they say at India ...

The tax rates are structured progressively, with higher rates applied to higher income slabs. This new regime is designed to ...

Key structural changes, such as adjustments to tax slabs, a rationalisation of deductions, and other incentives to spur ...

The Union budget 2025 presented in the Parliament today on 1st February 2025, the Finance Minister Mrs. Nirmala Sitharaman has given the middle-class taxpayers a big Income tax relief, Under the new ...

Tax season is here, and many taxpayers could be leaving thousands of dollars on the table, according to a FOX Business report ...