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

The tax bill and the proposed taxpayer’s charter when implemented in the spirit of justice and transparency will surely usher ...

The new Income Tax Bill, 2025, consists of 536 sections, 23 chapters, and 16 schedules in just 622 pages—a significant ...

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

During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate ...

The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...

FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Standing Committee for review—incorporated ...

Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant changes to ...

The new Income Tax Bill brings structural refinements, deadline extensions, and digital transaction incentives, while ...

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

The Bill, which is likely to be introduced in Parliament on Thursday, has now defined a new concept of ‘tax year’ as the ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.