The new income tax bill received clearance from the Union Cabinet last week. Soon, the FM will likely table the same in the ...

Finance Minister Nirmala Sitharaman in her Budget 2025-26 speech said that the new tax bill will be submitted during the ...

The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...

The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

The Union Budget 2025 introduces a new Income Tax Bill to replace the 1961 Income Tax Act, simplifying tax laws. The new bill ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

The Union Cabinet, led by Prime Minister Narendra Modi, has approved a new Income Tax Bill. It will be introduced in the Lok ...

Tax simplification should not be seen as a one-time effort but as a continuous process that evolves with changes in the economy, technology, and global practices.

The current Income Tax Act (Income Tax Act 1961) has been in force since 1961. Now it will be completely abolished and a new law will be brought, which will be updated as per the current times.