The House Budget Committee approved a fiscal framework that inches Republicans closer to their prized “big, beautiful” ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

Now that it’s cleared committee in a 21 to 16 vote, Republicans intend to wrangle that blueprint through the House of Representatives after returning from next week’s recess, putting ...

A parliamentary committee will review the new Income Tax bill introduced by Finance Minister Nirmala Sitharaman. This bill ...

Stay informed with our live blog covering India’s latest in politics, economy, crime, and general news. Get real-time updates ...

Nirmala Sitharaman introduces the Income Tax Bill 2025 in Parliament, aiming to replace the 1961 Act with a more ...

The new Income-Tax Bill, built on the 1961 Act's strong foundation, simplifies and modernizes taxation by eliminating ...

No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

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 ...

Non-disclosure of income from VDAs under the regime introduced in the Finance Act, 2022 could expose the taxpayer to search ...

The bill advances the Modi government’s "ease of doing business" initiative by providing a clear and simple tax framework ...