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

The Government believes that the Income Tax Bill, 2025, will significantly improve the ease of doing business in India by ...

The operation, which began last week, continued into its sixth day, leaving nearly 1,00,000 workers unemployed and severely ...

Ans: As noted above, the total words in the new Income Tax Bill, 2025 are around 2.6 lakhs, as against 5.12 lakh words in the ...

New Income Tax Bill disappoints with exclusion of group taxation and TDS removal, missing opportunity for simplification and ...

ITAT Chennai held that although the assessee company was following the mercantile system of accounting, only real income could be brought to tax. Hypothetical income cannot be taxed. Hence, appeal of ...

First leg of Budget session ends with IT Bill and Waqf bill reports tabled; car drives in crowd in Munich injuring many, and ...

The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...

The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...

To promote infrastructure development, section 80IA was brought into Income-tax Act, 1961. Sections 80HHE, 10A and 10AA were ...

As compared to the Income Tax Act, 1961, the new Income Tax Bill 2025 proposes to remove proviso and explanations, and ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...