Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

The rules will set the template for tax officials to understand the extent of profits that can be taxed, taking into ...

The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts believe it will be easier to understand, more user-friendly, and free of ...

Lok Sabha MP Manish Tewari has submitted an adjournment motion notice in the Lok Sabha to discuss the issue of the ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

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

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