Tax expert noted that the new bill is going to bring a 'transformative' shift in the country's taxation system by focusing on ...

The new income tax bill received clearance from the Union Cabinet last week. Soon, the FM will likely table the same in the ...

The Union Cabinet on Friday approved the Income Tax Bill, a move aimed at simplifying taxation for the common man.

The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...

May 4, 2022 The Supreme Court of India, in this case addressed the issue of reassessment notices issued under Section 148 of the Income Tax Act, 1961 in light of the amendments introduced by the ...

The Union Cabinet chaired by Prime Minister Modi, is expected to greenlight the new income tax bill during its meeting on ...

In order to make the Income Tax Act 1961 more concise and simpler the government is introducing a new income tax bill.

Centre is set to table the new income tax bill in Parliament today. According to Finance Minister Nirmala Sitharaman, the ...

The proposed Income Tax law aims to simplify the language to reduce tax disputes and litigation. The Finance Ministry has ...

High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...

India's finance ministry has proposed extending the deadline for updated tax returns from two to four years to encourage ...