The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...

The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...

A new Income Tax bill -- promised by Union finance minister in her last year's budget -- will be tabled in parliament on ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

The New Income Tax Bill aims to simplify and modernize India’s tax structure, making compliance easier for taxpayers while ...

The Indian Income Tax Department classifies cryptocurrency income under 'Income from Other Sources.' Hence, any gain or ...

The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters. This new bill, tabled ...

While the cut in income tax is expected to put more cash in the hands of the people thereby improving demand, the rate cut by ...

India's new Income Tax Bill to be introduced in Lok Sabha on Thursday, likely to go to a Select Committee for further review.

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: ...