The simplified Income Tax Bill, which is half the size of the 1961 Income Tax Act, seeks to achieve tax certainty by ...

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...

With its focus on clarity and simplicity, the new Bill will lead to a more accessible and responsible tax system ...

Ans: As noted above, the total words in the new Income Tax Bill, 2025 are around 2.6 lakhs, as against 5.12 lakh words in the ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

During the pendency of the Appeal filed by the respondent-Authority before the NCLAT, the impugned notice dated 30 th March, 2023 was issued u/s. 148 of the Act to re-open the assessment for ...

To promote infrastructure development, section 80IA was brought into Income-tax Act, 1961. Sections 80HHE, 10A and 10AA were ...

Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...

Amid criticism from Opposition MPs on the need for the introduction of the new bill, the Centre shared a list of reasons.

According to the agenda circulated by the Lok Sabha secretariat, Union Finance Minister Nirmala Sitharaman will introduce the ...

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The question arises: Will the new Income Tax Bill 2025 change the deadlines for filing ...