India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

As per RBI norms, resident individuals can remit up to $250,000 per financial year for various permissible capital and ...

Finance Minister Nirmala Sitharaman in her Budget 2025-26 speech said that the new tax bill will be submitted during the ...

The Union Cabinet approved a new Income Tax Bill to modernize and simplify India's tax system, replacing the 1961 Act. The ...

A new income tax bill, which received approval from the Union Cabinet on Friday, is likely to be introduced today.

Over the past two to three years, consumer staples firms have struggled with revenue, margin, and bottom-line growth, with their growth rate slowing by 200-400 bps compared to the period from FY13 to ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

Parliament is likely to see another stormy session as Finance Minister Nirmala Sitharaman might table the New Income Tax Bill ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...