The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

The proposed new income tax law follows from the earlier Budget announcement for 2024-25. In July 2024, Sitharaman had ...

With state governments handing out freebies to the poor leading to despondency in the middle-class, it was assumed that Finance Minister Nirmala Sitharaman would have no option but to make a big move ...

New Delhi, Feb 3 (PTI) Central Board of Direct Taxes (CBDT) Chief Ravi Agrawal on Monday asked industry players to give their ...

The new Income Tax Bill will be made keeping in mind India's changing economy, the digital age and the needs of the taxpayers ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

itharaman emphasized that the new code would not only simplify the complex provisions of the current tax laws but also ...

Finance Minister Nirmala Sitharaman to introduce new income tax bill, detailing tax reforms and commitment to taxpayers in ...

The New Income Tax Bill, Nirmala Sitharaman said, would reflect the government’s decade-long efforts focused on enhancing ...

Chief Ravi Agrawal said that the new bill has been drafted in such a way that it meets international standards.