New Income Tax bill explained

India's new income tax bill proposes broad access to taxpayers' devices, social media accounts
India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which are not covered in the current tax law.
PAN and Aadhaar: What will be the effect of the new income tax bill on your PAN and Aadhaar, know full details here..
The new Income Tax Bill has been introduced in the Lok Sabha. Finance Minister Nirmala Sitharaman has introduced it. Through this bill, there will be many big and important changes related to income tax.
India makes tax filing easier with new Income Tax Bill 2025
Dubai: After raising the no income tax limit for residents to Rs1.2 million, India has now brought out an updated Income Tax Bill – and made the whole process of tax filings much simpler. “The Rs1.2 million tax-free income is a big deal indeed compared to the earlier Rs300,
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.
‘This marks a transition…’: Experts on Income Tax Bill 2025
Several experts have supported the government efforts put into the Income Tax Bill 2025, but some expressed apprehensions.
New Income Tax Bill 2025: 'Layman's Tax Code' - Expert Decodes
Finance Minister Nirmala Sitharaman , in her Union Budget 2025 speech, announced a historic move—the introduction of a new Income Tax Bill to replace the six-decade-old Income Tax Act of 1961.Today, the bill has been officially tabled in Parliament,
Tax Guru8d
India’s Tax Arrears Reach ₹42.64 Lakh Crore
India’s total tax arrears amount to ₹42.64 lakh crore, with ₹41.63 lakh crore in direct tax arrears and ₹1.01 lakh crore in indirect tax arrears. To recover these dues, the Central Board of Direct ...
english.mathrubhumi6d
Kejriwal was never a common man, but an income tax commissioner: Syed Shahnawaz Hussain
BJP spokesperson Syed Shahnawaz Hussain predicts a BJP win in Delhi Assembly polls, citing AAP`s exposed 'pretense'.
Will deadline for income tax filing change in the new Income Tax Bill?
Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...
The income tax gambit to ramp up India’s growth
The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...
Tax Guru6d
Tax Deposited by TAN Instead of PAN: DCIT Can Rectify Mistake In Challan
Despite confirmation that the petitioner had deposited the disputed amount, the authorities maintained that manual ...
CBI books I-T Deputy Commissioner, two Inspectors, five CAs for trying to sabotage ‘Faceless Assessment’ Scheme
CBI books 9, including IT officials and CAs, for sabotaging faceless assessment scheme; searches conducted in 18 places.
The Associated Press on MSN13d
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
In her budget speech, Finance Minister Nirmala Sitharaman said the government is focused on boosting private investment to strengthen growth, increasing funding in the agriculture sector and enhancing ...