Income Tax department activates section wise mapping of I-T Act, Tax bill
Also, Section to Section mapping as per Income Tax Act, 1961 and Section number as per New Income Tax Bill has been uploaded ...
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Income Tax portal now offers section-to-section mapping for new Tax Bill
Taxpayers can now easily compare sections of the Income Tax Act, 1961, with corresponding clauses in the new Income Tax Bill, ...
New tax regime tax calculator: Income Tax dept launches tax calculator to help taxpayers calculate their tax savings
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...
Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portal
Faster tax refunds, tax demand notice deletion, and more can now be expected as I-T dept updates the ITR portal for online ...
Employed outside India; here’s how your income tax in India will be impacted as per new tax bill 2025; Experts seek clarification from the tax dept
There has been a slight tweak in the wordings of non-resident clauses. As per the proposed Income Tax bill, 2025 a person who ...
New Income Tax Bill To Be Tabled In Parliament Tomorrow, To Have 622 Pages
The proposed law replaces the term 'previous year' as mentioned in the Income Tax Act, 1961 with 'tax year'. Also, the ...
Finance minister Nirmala Sitharaman tables new Income Tax bill in Lok Sabha
Finance minister Nirmala Sitharaman on Thursday introduced Income Tax Bill, 2025, in the Lok Sabha, seeking a comprehensive overhaul of India’s tax laws. She urged Speaker Om Birla to refer the bill ...
Income Tax Bill: from complexity to clarity
With its focus on clarity and simplicity, the new Bill will lead to a more accessible and responsible tax system ...
Income tax law: Semantics and beyond
Scrapping archaic provisions and simplifying language are welcome. But systemic issues affecting taxpayer morale must also be ...
I-T Bill 2025 referred to Parliament's select committee
A parliamentary committee will review the new Income Tax bill introduced by Finance Minister Nirmala Sitharaman. This bill ...
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New Income Tax Bill: 622 Pages, 536 Sections | To Be Tabled Today
India's new Income Tax Bill, replacing the 1961 Act, is expected to be tabled today. The 622-page bill simplifies tax laws, ...
Income Tax Dept conducts workshop for forest officials
A one-day workshop on the Income Tax Act-1961 was held at the Himachal Pradesh Forest Academy at Sundernagar in Mandi district today. It aimed at educating officials from the Forest Department and the ...