The upcoming Income Tax Bill will redefine tax residency criteria, affecting Non-Resident Indians (NRIs) earning Rs 15 lakh ...

The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital ...

The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or ...

The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...

Finally, Income Tax Bill 2025 also states that losses from e-gaming cannot be set off against other income or carried forward ...

The new Income Tax Bill that was introduced in the Parliament by Finance Minister Nirmala Sitharaman on Thursday has not ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

One of the key updates is the replacement of the term "assessment year" with "tax year”, aiming to simplify taxpayer ...

The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...

The new bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax ...

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

The new Income Tax Bill 2025 also proposes to replace the term 'previous year' with 'tax year,' and do away with the concept ...