The revised income tax law is expected to be clear, concise, consistent and supplemented with illustrative examples to aid ...

The new income-tax bill will replace the existing six-decade old Income-tax Act. The bill aims to simplify the language and ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

The Union Cabinet, led by Prime Minister Narendra Modi, has approved a new Income Tax Bill set to replace the existing Income Tax Act of 1961. The bill is expected to be introduced in Parliament next ...

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

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

Finance Minister Nirmala Sitharaman announced in Budget 2025-26 that the new tax bill will be introduced in the ongoing ...

A day after repo rate cuts were announced during RBI MPC Meet, Governor Sanjay Malhotra said, "Rate cut should help support ...

The new bill seeks to make direct tax law simple to understand and not to impose any new tax burden, reportedly. It will not ...

The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...

After Rajya Sabha MP and Congress leader Syed Naseer Hussain said that despite PM Modi having campaigned for Donald Trump in ...