The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better ...

The new bill aims to simplify the existing Income Tax Act and one of the key changes introduced in the New Income Tax Bill, 2025, pertains to the concept of the 'tax year.' ...

The new income tax bill must align with global best practices to attract foreign investment, support domestic businesses, and benefit individual taxpayers, experts said as India’s tax regime ...

A closer look at the income tax return statistics released by the Income Tax Department for ... companies and firms in India to a limited extent already follow a uniform tax rate on profits.

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

The income tax department has received 6,500 suggestions from stakeholders on review of the Income Tax Act.

The NTWC estimates that these dangerous conditions could begin as early as 8:48 p.m. Eastern Time. While tsunami waves have ...

The income tax department has received 6,500 suggestions from stakeholders on review of the Income Tax Act. (Except for the headline, this story has not been edited by NDTV staff and is published ...

litigation reduction, compliance reduction, and redundant/obsolete provisions. The income tax department received 6,500 suggestions from stakeholders on review of the law.

Rahul Gandhi said: In five years between Vidhan Sabha 2019 and Lok Sabha elections in 2024 32 lakh voters were added to the electoral rolls. In a period of five months (from Lok Sabha polls to ...

A renewed focus on the green transition is equally anticipated, with clean energy projects such as solar parks and hydrogen hubs accelerating the march towards India ... Income-tax (I-T ...

The Union Budget 2025-26 has proposed to raise the basic exemption limit to INR 4 lakh, up from the previous limit of INR 3 lakh. Similarly, it raised tax slab rates for salaried individuals and ...