The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

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: ...

India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

Parliament is likely to see another stormy session as Finance Minister Nirmala Sitharaman might table the New Income Tax Bill ...

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 ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and ...

India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...

Union Finance Minister Nirmala Sitharaman presenting the Union Budget in Parliament (Photo: PTI) Parliament Budget Session ...