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

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

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

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

Besides tax relief, the Centre has given a fillip to infrastructure investment, startups and MSMEs, the engines of progress.

The new bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax ...

Sensex, Nifty 50 today: The stock market opened in the green on Thursday, February 13, 2025, as healthcare and pharmaceutical stocks rose. This comes just before the new Income Tax Bill is tabled in ...

The new Income Tax Bill, 2025 will be tabled in Parliament today (). The idea behind the new bill is to simplify taxation laws – currently governed by the Income Tax Act, 1961 – for the common man.

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

Later in the day, the copies of Constitution available on electronic devices in Parliament were updated with the ...