Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...
Whether it’s the Finance Bill, 2025, or the new Income Tax Bill, the detailed FAQs provided by the income tax department ...
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.
A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...
It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...
The long-awaited Income Tax Bill, 2025 was finally tabled in the Lok Sabha, ending decades of hand-wringing. Following ...
“NRIs shall still continue to face a 20 per cent tax on dividend and interest income from Indian companies, with a reduced 10 ...
The proposed income tax bill seeks to simplify and revamp the Income Tax Act of 1961, which has often been criticised for its ...
The new income tax bill, compared to Income Tax Act, 1961, is nearly half the size, containing 259,676 words, 23 chapters, 536 sections, 57 tables and 46 formulae.
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