The proposed income tax bill seeks to simplify and revamp the Income Tax Act of 1961, which has often been criticised for its complexity, making it challenging for ordinary taxpayers to navigate.
In the recent ruling HC of Telangana have held that assessee is eligible to claim capital gain after observing that the ...
Simplification: The provisions under the Income Tax Bill, 2025, have clearer language and cater to modern work scenarios, ...
The new Income Tax Bill 2025 consolidates salary provisions for clarity, incorporating previous deductions into the salary ...
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
Union finance minister Nirmala Sitharaman on Thursday introduced the Income-Tax Bill, 2025 in the Lok Sabha aiming to abridge the bulky direct tax act and make it simple ...
If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President ...
The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital ...
Non-disclosure of income from VDAs under the regime introduced in the Finance Act, 2022 could expose the taxpayer to search ...
The new Income Tax Bill that was introduced in the Parliament by Finance Minister Nirmala Sitharaman on Thursday has not ...
The upcoming Income Tax Bill will redefine tax residency criteria, affecting Non-Resident Indians (NRIs) earning Rs 15 lakh ...
The new bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax ...
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