Basic threshold of 182 days or more or 60 days /365 days for an individual to be a resident in India is retained in the New ...
Tax Reform
The government’s new Income Tax Bill promises to streamline taxation with simpler language and fewer sections.
Many new rules and provisions are going to be included in the income tax system in the country. Under the new tax regime, ...
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...
Bharatiya Janta Party National Vice President and Lok Sabha MP Baijayant Panda is appointed as the chairperson of the Select Committee.
In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
ICAI supports new Income Tax Bill 2025 to simplify tax framework, stimulate growth, and assist members with understanding.
A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...
The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...
The concept of ‘tax year’ has been introduced replacing ‘previous year’ and ‘assessment year’ in the new Income Tax Bill ...