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

Finance Minister Nirmala Sitharaman in her Budget 2025-26 speech said that the new tax bill will be submitted during the ...

This proposed legislation seeks to replace the existing Income Tax Act of 1961, which has been in place for over 60 years.

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

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

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The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...

For a century, Americans have embraced a punitive approach to addiction—one that has undermined treatment efforts.

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.

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

President Donald Trump’s hiring freeze that includes Internal Revenue Service employees could mean Kansans might have to wait ...