In India, the Income Tax Department plays an important role in the development of the country and in solving the ...

New Income Tax Bill: The government announced in July 2024 its intention to conduct ... aiming to minimise disputes and ...

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

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

CBI has registered a case against One Deputy Commissioner (IRS) (IT) & two Inspectors of Income Tax Department, five Chartered Accountants and one private person and unknown others on the allegations ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

To promote infrastructure development, section 80IA was brought into Income-tax Act, 1961.

Also Read: Old Tax Regime Vs. New Tax Regime Bottom Line During the Union Budget, the government of India announces any amendments to the income tax slabs for the financial year. In the Budget ...

The Income-Tax Bill, 2025 has been tabled in Parliament on 13th February 2025, marking a significant step toward simplifying the language and structure of the Income-tax Act, 1961. The simplification ...

“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...

Personal income tax provides significant and steady revenues to the government. Its collection exceeds the government's revenues from taxes on the profits of corporations.(PTI) The new tax regime ...