From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

Simplified tax bill with 536 sections and 23 chapters to replace the complex Income Tax Act, 1961, set to introduce in the ...

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...

The Centre announced a slew of tax-related changes in Budget 2025, presented by Finance Minister Nirmala Sitharaman. Here are ...

After the Union Cabinet chaired by Prime Minister Narendra Modi approved the new Income Tax bill last week, it is expected to ...

The bill notably seeks to introduce simpler terminology such as replacing ‘Assessment Year’ with 'Tax Year' and ‘Previous Year’ with 'Financial Year' ...

Explore the possible BIG updates in the Income Tax Bill 2025 and how the new system could bring changes that impact your ...

The Bill once enacted will replace six-decade old Income Tax Act 1961, which over the years became bulkier and complex with amendments.

In the July budget, Finance Minister Nirmala Sitharaman announced that STCG from stocks, equity funds and units of business ...

The primary objectives included minimising disputes and litigations while offering taxpayers a higher level of tax predictability. In order to achieve these goals, 22 specialised sub-committees have ...