Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

The new Income Tax Bill 2025 is set to be tabled in the Lok Sabha. This bill will replace the 60-year-old Income Tax Act of ...

The Union Budget 2025 introduces a new Income Tax Bill to replace the 1961 Income Tax Act, simplifying tax laws. The new bill ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Delhi, Bihar and the states going to the polls next year have been tough grounds for the BJP, barring Assam where it had two ...

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 ...

After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny ...

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 ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny.

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...