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

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and ...

The Indian Income Tax Department classifies cryptocurrency income under 'Income from Other Sources.' Hence, any gain or ...

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: ...

The New Income Tax Bill aims to simplify and modernize India’s tax structure, making compliance easier for taxpayers while ...

A new Income Tax bill -- promised by Union finance minister in her last year's budget -- will be tabled in parliament on ...

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...

even if they do not maintain active income sources in India. The budget hints at a potential tightening of residency definitions for taxation purposes. Previously, NRIs were subject to Indian ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually ...

India's new Income Tax Bill to be introduced in Lok Sabha on Thursday, likely to go to a Select Committee for further review.