The new income tax bill received clearance from the Union Cabinet last week. Soon, the FM will likely table the same in the ...

The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...

The main objective of the bill is to streamline and modernise India's tax system by simplifying legal language to ensure that ...

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

The TaxAct supports all major IRS forms and schedules, giving it broad appeal whether you recently entered the workforce, have a complex financial profile involving lots of income types ...

G.S.R. 125 (E).— In exercise of the powers conferred by section 285 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...

The current Income Tax Act (Income Tax Act 1961) has been in force since 1961. Now it will be completely abolished and a new law will be brought, which will be updated as per the current times.

To a question if any incentives is being considered for the private players in the healthcare sector, K Balasubramanian, ...

The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal says he is confident that direct ...