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 ...

There has been a slight tweak in the wordings of non-resident clauses. As per the proposed Income Tax bill, 2025 a person who ...

The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

Under the new Income Tax Bill, 2025, Clauses 196, 197, 198 will deal with capital gains, and cryptocurrency has now formally ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...

India's new Income Tax Bill aims to simplify tax laws, reduce litigation, and improve compliance by eliminating obsolete ...

Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details) ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...