The new legislation simplifies language, aligns 'tax year' with the financial year, and maintains structural elements and ...

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

As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make ...

The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...

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

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

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

She said that the middle class gives strength of Indias growth and the Government has periodically hiked the Nil tax slab in recognition to their contribution. She said the proposed new tax structure ...

Nirmala Sitharaman made a historic announcement that there will be no income tax payable for those with an income upto ₹12 lakh.

The government has been talking about simplifying the tax structure to make it easier for taxpayers. Eliminating the 30% tax ...

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the ...