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

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

This is aimed at reducing the tax burden for frequent international transactions from abroad to India. Income Tax Budget ... allows the taxpayer a window to address past infractions," feels ...

N18G India’s Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025-26 on February 1, marking her eighth ...

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 need for private sector to step up on investments gains significance at a time when the central government's spending on ...

The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

The meeting would take place a day after the RBI announces the outcome of the Monetary Policy Committee meeting amid wide ...

"In the last 10 years, we have enhanced savings of the middle class by reducing Income Tax. Before 2014, such 'bombs' were hurled and 'bullets' were shot, that it affected the lives of people. We ...

After Rajya Sabha MP and Congress leader Syed Naseer Hussain said that despite PM Modi having campaigned for Donald Trump in ...