Speaker Om Birla forms a 31-member Select Committee to examine the new Income Tax Bill. The panel, led by BJP's Baijayant ...
Bill was presented in the Rajya Sabha Thursday, having been submitted earlier this year to Lok Sabha Speaker Om Birla. This ...
The concept of ‘tax year’ has been introduced replacing ‘previous year’ and ‘assessment year’ in the new Income Tax Bill ...
Definitions, provisions and explanations have all been simplified. This will reduce the scope for litigation and make the Act ...
The Lok Sabha was adjourned until March 10 after the first part of the Budget session recorded 112 per cent productivity. Key ...
The much-anticipated bill is set to bring a major shift in tax terminology to make it simpler and more accessible for taxpayers. As part of the simplification process, terms like 'assessment year' and ...
The bill is expected to streamline existing provisions and simplify compliance for taxpayers. For more on what to expect from ...
The Income Tax Bill 2025 aims to simplify the tax system by dropping obsolete provisions, decriminalizing many offences, and ...
Finance Minister Sitharaman introduces Income Tax Bill, 2025, in Lok Sabha amid opposition parties opposing its introduction.
Income tax department has launched the new utility to enable taxpayers find the relevant provision in New Income Tax bill by ...
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