New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...
A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...
Finance Minister Sitharaman on Thursday (February 13, 2025) introduced the Income Tax Bill, 2025, in Lok Sabha amid ...
The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...
Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...
MUMBAI: The new Income Tax Bill has no changes in the rate structures, nor are there any changes in the capital gains tax ...
The proposed Income Tax Bill, 2025 aims to replace the existing Income-tax Act, 1961, with clearer language and structure. It introduces the 'tax year' concept and consolidates sections to improve ...
Finance Minister Nirmala Sitharaman urged the Lok Sabha Speaker to refer the Income Tax Bill, 2025, to the Select Committee ...
The government has listed a bill to consolidate and amend the law relating to income-tax for introduction in the Lok Sabha on ...
The Income Tax Bill 2025 aims to reform Indias tax structure with new terminology, a tiered system, and simplified deductions ...
With its focus on clarity and simplicity, the new Bill will lead to a more accessible and responsible tax system ...