The proposed law replaces the term 'previous year' as mentioned in the Income Tax Act, 1961 with 'tax year'. Also, the ...

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

The main objective of the new income tax bill is to streamline the existing Income Tax Act of 1961 to enhance comprehension of income tax laws among the general public and minimise legal disputes.

The government has come up with a relief scheme for the farmers. This scheme has been started given the rising inflation and agricultural costs. With this, farmers will be able to get loans easily.

The new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in ...

"I don't know which planet she is living in. She is saying there is no inflation, there is no rise in unemployment, there is no rise in prices," the Wayanad MP told reporters as they left the ...

The much-anticipated new income tax bill will replace terminologies like assessment and previous year with easier to understand ‘tax year’ as part of move to simplify language while removing provisos ...

According to experts, the new bill, which seeks to replace replace the six-decade old Income Tax Act, 1961, doesn't make any ...

Aam Aadmi Party MP Raghav Chadha on Tuesday criticised the government for neglecting the middle class in its budget, which he claims benefits the wealthy dcuring a debate on the Union Budget in ...

The Union Finance Minister has presented her 8 th consecutive Budget for the year 2025-26 on 1 st February, 2025 in the Parliament and also introduced Finance Bill, 2025 on the Lok Sabha. Along with ...

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...