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

While the cut in income tax is expected to put more cash in the hands of the people thereby improving demand, the rate cut by ...

The new bill seeks to make direct tax law simple to understand and not to impose any new tax burden, reportedly. It will not ...

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 rules will set the template for tax officials to understand the extent of profits that can be taxed, taking into ...

Corporates may prefer to borrow private credit, and not from banks or bond markets, when the next private capex cycle kicks ...

If cleared, the bill could be introduced in the Lok Sabha early next week. The legislation is part of the Centre’s broader ...

The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...

The Cabinet, chaired by Prime Minister Narendra Modi, approved the New Income Tax Bill, sources said. Sources said the new ...

Income Tax raid: The Income Tax Department today (February 6) conducted raids at the premises of Congress MLA and former ...

Surat: International tax expert Mukesh Patel said on Tuesday that the union budget was a blend of ‘art and science'.