This Bill is a much-awaited comprehensive overhaul of a gargantuan piece of complex legislation which should be ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

The Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and ...

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...

The new bill will replace the current Income Tax Act, 1961, and will become effective from April 1, 2026, i.e., from FY ...

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 income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make ...

Setting tax rates similar to other countries could also make India more attractive to investors. The new income tax bill has been introduced to replace nearly sixty year old Income Tax Act 1961.

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

Finance Minister Nirmala Sitharaman to introduce new income tax bill, replacing old I-T Act, after Cabinet approval.