Ultimately, India should get a fair share of tax revenue (from overseas digital firms accessing Indian market), which we are ...

To a question if any incentives is being considered for the private players in the healthcare sector, K Balasubramanian, ...

After providing a big relief to the Indian middle class in the Union Budget 2025-26, the government is all set to present a ...

The Finance Bill, 2025, introduces significant changes to penalty provisions under the Income Tax Act. Sections 271C, 271CA, 271D, 271DA, 271DB, and 271E will now allow penalties to be imposed by the ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...

The new Income Tax Bill will be made keeping in mind India's changing economy, the digital age and the needs of the taxpayers ...

The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...

The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...

In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal says he is confident that direct ...

Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...