The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

The tax bill and the proposed taxpayer’s charter when implemented in the spirit of justice and transparency will surely usher ...

This Bill is a much-awaited comprehensive overhaul of a gargantuan piece of complex legislation which should be ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...

Donors are eligible to claim deductions for the medical insurance premiums they pay for themselves and their dependents, and ...

By trimming word count by 40-50% and eliminating confusing phrases, the new Income Tax Bill makes itself more accessible to ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

Finance Minister Nirmala Sitharaman on Thursday tabled the Income Tax Bill, 2025, in Parliament, aiming to simplify and ...

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

Section 80D is now Clause 126 under the new bill, Section 80E is Clause 129, Section 87A is Clause 157; know all major ...

The newly introduced Income Tax Bill seeks to simplify tax legislation by minimizing litigation and interpretation, reducing the word count, sections, and chapters significantly from its 1961 ...

While the bill suggests various amendments, the fundamental income tax rates and capital gains tax rates remain unaltered at ...