Tax expert noted that the new bill is going to bring a 'transformative' shift in the country's taxation system by focusing on ...
Experts have often called the current Income Tax Act of 1961 complex, cumbersome, and leading to a lot of litigations. The ...
The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...
ECONOMYNEXT – Sri Lankan rubber gloves maker Dipped Products’ net profit rose 43 percent to 1.01 billion rupees in the December 2024 quarter from a year ago, helped by ‘other income and gains’ and ...
US President Donald Trump has promised reciprocal tariffs on all countries that tax US products, after announcing tariffs on ...
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...
Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to ...
The Union Cabinet on Friday approved the Income Tax Bill, a move aimed at simplifying taxation for the common man.
The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...
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 ...
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