The Union Cabinet, led by Prime Minister Narendra Modi, has approved a new Income Tax Bill. It will be introduced in the Lok ...

The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

India’s tax system is directionless and its biggest flaw is not accidental—it is political. Successive governments, across party lines, have perpetuated the myth that only one section of ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

The Union Cabinet approved a new Income Tax Bill to modernize and simplify India's tax system, replacing the 1961 Act. The ...

In a significant move to modernize India’s tax framework, the Union Cabinet has approved the new Income Tax Bill 2025, set to replace the existing Income Tax Act of 1961. This initiative aims to ...

The Institute of Chartered Accountants of India (ICAI) has proposed a change to the country's tax framework by introducing a joint taxation system for married couples. This recommendation comes ...

Indian taxpayers, particularly those in the highest 30% tax bracket, have been crying hoarse that the country’s tax rates are ...

Dubai has long been known for its futuristic skyline and economic prosperity, but its tax-free earnings policy makes it an ...

The main objective of the bill is to streamline and modernise India's tax system by simplifying legal language to ensure that ...