Union Finance Minister Nirmala Sitharaman on Thursday introduced the new Income Tax Bill in Lok Sabha.  After presenting the ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman, seeks to replace the existing Income Tax Act, 1961 and introduce changes that affect different categories of taxpayers, ...

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

The new bill aims to simplify tax provisions with clearer language, reducing its length and eliminating redundant sections ...

The bill makes significant changes in the way the direct tax statute is written and presented, giving priority to simplicity, ...

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

The odds are strong that gaming, not tax cuts or education spending, will dominate talks between the House of Delegates and ...

President Donald Trump’s decision to withdraw the U.S. from global tax agreements and negotiations has upended international ...

The bill also revamps provisions relating to non-profit organizations ... provisions of the law as well, for example, provisions relating to tax residence. “The bill marks a significant step ...

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in Lok Sabha on February 13 to make India’s direct ...