No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

Finance Minister Nirmala Sitharaman has introduced the new income tax in Parliament today. The new Income Tax Bill will ...

After Union Finance Minister Nirmala Sitharaman proposed to make income up to Rs 12 lakh tax-free in the Budget 2025-26, ...

The new Income Tax Bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

Over six decades of amending the income tax law has made it an unwieldy legislation, increasing the incidence of litigation.

Several experts have supported the government efforts put into the Income Tax Bill 2025, but some expressed apprehensions.

Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...

In Budget 2024, FM Sitharaman increased the standard deduction for those who opted for the new tax regime to Rs 75,000 ...

Reaffirming the commitment of the tax department entailing ‘trust first and scrutinise later’, Union finance minister Nirmala ...

The objective of the new Bill is to streamline the Income Tax Act, making it more succinct, understandable, and user-friendly ...

The new bill will be clear and direct in text, with close to half of the present law in terms of both chapters and words ...

The government will introduce a new Income Tax bill in Parliament next week, replacing the six-decade-old income tax act of ...