Income Tax Bill News Highlights: Union Cabinet approves new I-T Bill; will be presented in Parliament next week
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
Income Tax & Budget 2025 – much remains to be done
On February 1, 2025, the Union finance minister submitted her submissions on revised Procedures, amendment of Sections, Tax proposals (both Direct and Indirect), etc. There was also the announcement ...
New Income Tax Bill 2025: What’s new, what may change, and what we can expect?
The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...
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New Income Tax Bill likely to be approved by Cabinet tomorrow. Check key details
The new legislation, often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it ...
New income tax bill expected to be presented in Parliament next week, finance secy says it won't have any new taxes
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of ...
New income tax bill likely to be tabled soon in Parliament. Will it introduce new taxes?
The Direct Tax Code was announced in the Budget 2025 by Union finance minister Nirmala Sitharaman on February 1 ...
India Today on MSN1d
Cabinet clears new income tax bill, likely to be tabled in Lok Sabha Monday: Sources
The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
No Income Tax For Working Class? Unions Float Radical Proposal
Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.
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New Income Tax Law Explained: Simpler, No Tax Hike
India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their ...
New income tax bill: What it could mean for taxpayers and how it can impact them
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the ...
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India's New Tax Code: Simplification on the Horizon
An internal committee of India's Income Tax Department, guided by suggestions for simplification and structural improvement, is paving the way for a new tax law. The proposed changes, inspired by ...