The new bill, announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Parliament this week. It was approved by the Union Cabinet on February 7.

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

As the saying goes, “A nation’s wealth lies in the health of its people.” It’s time for Sri Lanka to prioritise this wealth, ensuring that every citizen benefits from a healthier, more secure future.

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

The financial landscape is changing, and young Indians are approaching wealth in new ways. Gen Z is rewriting the rules with ...

Five years of waiting for this damp squib? Reserve Bank of India’s quarter-point cut falls flat – and there’s no real relief ...

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

Many in the private sector are already looking at reviewing capacity utilisation, as per anecdotal inputs, Sitharaman said.

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

Finance Minister Nirmala Sitharaman to introduce new income tax bill, replacing old I-T Act, after Cabinet approval.

The bill will again go to the Cabinet after the parliamentary committee gives its recommendations on it. After Cabinet ...