The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital ...

Central Board of Direct Taxes expects the Institute of Chartered Accountants of India to go through the bill ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

The bill makes significant changes in the way the direct tax statute is written and presented, giving priority to simplicity, clarity and reduction in litigation arising from complexity, in stark ...

CBDT data shows significant growth in direct tax collections, with corporate and non-corporate taxes surpassing targets.

Union finance minister Nirmala Sitharaman on Thursday introduced the Income-Tax Bill, 2025 in the Lok Sabha aiming to abridge ...

India’s net direct tax collection has risen 15 per cent to ₹17.78 lakh crore so far in the current fiscal 2024-15 (FY15), ...

India's net direct tax collection surged 14.69% to over Rs 17.78 lakh crore till Feb 10, driven by strong growth in personal ...

The new tax bill announced in the budget to overhaul the Income Tax Act, 1961, will be tabled in the Parliament tomorrow, ...

Finance Minister Nirmala Sitharaman on Thursday introduced the Income Tax Bill, 2025, in the Lok Sabha and urged the speaker of the house, Om Birla, to constitute a select committee to examine the ...

India's net direct tax collection for the fiscal year 2024-25 (FY25) has risen by nearly 15% (14.69%), reaching approximately ...