According to a report, the new tax code bill tabled by Finance Minister Nirmala Sitharaman mandates sharing access codes with ...
Certain amendments on trust taxation are welcome. All classes of registered non-profit institutions such as public trusts, ...
The new Income Tax Bill, 2025, consists of 536 sections, 23 chapters, and 16 schedules in just 622 pages—a significant ...
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...
The new Income Tax Bill grants tax officers the authority to override computer system access codes and virtual digital space, including online accounts, for search and seizure purposes.
Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...
The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.
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Govt’s new income tax bill will require you to share passwords with tax officials during searchesFM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Standing Committee for review—incorporated ...
The new Income Tax Bill introduces the concept of the tax year, merging the current terms of the assessment year and the previous year. This change aims to simplify the process for taxpayers, making ...
Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant changes to ...
The new bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax ...
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