The much-anticipated new income tax bill will replace terminologies like assessment and previous year with easier-to-understand 'tax year' as part of move to simplify language while removing provisos ...

Union Finance Minister Nirmala Sitharaman will introduce the new Income-Tax Bill 2025 in Lok Sabha on February 13 with aims ...

The new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?

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

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The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...

Simplified tax bill with 536 sections and 23 chapters to replace the complex Income Tax Act, 1961, set to introduce in the ...

When the Income Tax Act of 1961 came into being it had 880 pages. Over the years, the act contained several amendments introduced in the various budgets.

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...