The much-anticipated Income Tax Bill, 2025, was introduced in Parliament today, marking a major effort to streamline the ...

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

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Mumbai: Denying bail to income tax inspector Tanaji Adhikari, arrested in 2023 Rs 264 crore money laundering case, a special PMLA court pointed out that while in custody he had sent a note to an ...

FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Select Committee for review—incorporated ...

You can calculate your income tax using the Tax Calculator on the Income Tax Department's official website ... "Today is an important milestone in India's development journey.

Tax implications for using a company-provided car depend on whether it is used for official or personal purposes. Personal use of the car results in taxable income. Employers must document ...

The Income Tax Department is currently hiring for the position of Assistant Director (Systems). Interested applicants can apply online through the official website until February 3, 2025.

Many important documents and evidence are being collected in the Income Tax Department's raid at the house of 'Pushpa 2' director Sukumar. No official ... is based on India's deadliest air strike ...

He added that since the government now expects taxpayers to report their actual income ... of India's tax architecture," said Gaurav Kansal. There has been no official announcement or indication ...

Notably, a tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income ... a tax collection mechanism in India, where a portion of the ...

In the absence of increased economic growth, this would require an income tax rise equivalent to 7.4 percentage points. The official fertility ... from Bangladesh, India or Pakistan.