Parliament Budget Session Live: Today's session set to be action-packed ...

A new income tax bill, which received approval from the Union Cabinet on Friday, is likely to be introduced today.

The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it more streamlined and transparent.

Parliament is likely to see another stormy session as Finance Minister Nirmala Sitharaman might table the New Income Tax Bill ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

The revised income tax law is expected to be clear, concise, consistent and supplemented with illustrative examples to aid ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

The union cabinet has approved the new income tax bill 2025 to replace the income tax act of 1961, aiming to simplify and ...

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 will replace the existing six-decade old Income-tax Act. The bill aims to simplify the language and ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

The ITAT upheld the CIT (A)’s ruling, stating that the issue had already been settled in favor of the assessee in similar cases involving Vodafone Idea, Bharti Airtel, and other telecom operators. The ...