The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...
Republic Business on MSN6d
India’s New Income Tax Bill: What We Know So Far & What It Means for YouFinance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, unveiled a transformative tax reform—India will ...
Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
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India Today on MSNCabinet clears new income tax bill, likely to be tabled in Lok Sabha Monday: SourcesThe new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.
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India Today on MSNWhat is new Income Tax Bill, how is it different from tax cuts in Budget 2025?With state governments handing out freebies to the poor leading to despondency in the middle-class, it was assumed that ...
The Direct Tax Code was announced in the Budget 2025 by Union finance minister Nirmala Sitharaman on February 1 ...
The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.
The financial landscape is changing, and young Indians are approaching wealth in new ways. Gen Z is rewriting the rules with ...
Indian tax authorities have sent a confidential notice to South Korean car maker Kia Motors accusing it of evading millions ...
Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable ...
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