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

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

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

The report of the joint committee of Parliament on the Waqf (Amendment) Bill was tabled in the Rajya Sabha on Thursday.

The objective of the new Bill is to streamline the Income Tax Act, making it more succinct, understandable, and user-friendly ...

The New Income Tax Bill will not change the existing tax slabs but will replace the present concept of assessment and ...

The government is set to introduce the Income-Tax Bill, 2025, a comprehensive revamp of India’s tax laws, replacing the Income-Tax Act, 1961. The new legislation, scheduled to come into effect from ...

When the Income Tax Act of 1961 came into being it had 880 pages. Over the years, the act contained several amendments introduced in the various budgets.

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

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: ...