Heightened I-T dept scrutiny has compelled many salaried taxpayers to avail of deductions on 80C tax-saving investments, HRA, ...

The Select Committee has recommended key changes to the Income Tax Bill, 2025, including safeguards for small taxpayers, ...

A parliamentary committee report on the Income Tax Bill 2025, aiming to replace the old Income Tax Act, is set to be ...

Baijayant Panda, Chairperson of the Select Committee of Lok Sabha, presented the Report of the Select Committee on the Income ...

Filing ITR is mandatory for individuals whose total income exceeds the basic exemption limit of Rs 3 lakh under new tax ...

In its report tabled in the Lok Sabha on Monday (21 July), the Parliamentary Select Committee has retained various provisions ...

The Select Committee of the Lok Sabha, led by chairperson Baijayant Panda of the Bharatiya Janata Party, has submitted its ...

With these 32 suggestions, the Committee has provided a roadmap for refining the new income-tax legislation—balancing ...

Under PM Narendra Modi’s third term, Monsoon Session, Winter Session 2024, and Budget Session 2025, were marked not just by ...

The Select Committee on the Income-Tax Bill 2025 recommended this, say officials closely involved with the legislation.

Retains key provisions but suggests 285 amendments, relief for taxpayers, clarity on provisions related to charitable and not ...

The select committee, chaired by Baijayant Panda, unanimously approved its report on Wednesday, incorporating over 285 ...