The Union Cabinet on Friday approved the Income Tax Bill, a move aimed at simplifying taxation for the common man.

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

CBI has registered a case against One Deputy Commissioner (IRS) (IT) & two Inspectors of Income Tax Department, five Chartered Accountants and one private person and unknown others on the allegations ...

“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...

Lauding the new tax regime, PM Modi said that his government seeks to put more money in the pockets of people, increase ...

You can calculate your income tax using the Tax Calculator on the Income Tax ... eastern India and generate employment for the youth,” she says. Income Tax Slab 25-26 LIVE: The government ...

India’s middle-class is finally rejoicing! In a major announcement, Finance Minister Nirmala Sitharaman in her Budget 2025 ...

Almost all finance ministers of India ... a boost to tax collections. Personal income tax, corporate tax, and GST collections account for one-third each of the total central government receipts.

In order to make the Income Tax Act 1961 more concise and simpler the government is introducing a new income tax bill.

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

The agency has booked nine people, including I-T deputy commissioner Vijayendran R and two department inspectors, apart from ...

India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their ...