Post the Budget, we received many queries from our print and online subscribers on income-tax proposals in the budget. Here, ...
The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...
Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...
The Centre plans to implement the Income Tax Bill, 2025, from April 1, replacing the 1961 law to simplify tax filing, enhance ...
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New income tax bill: Government has abolished 80C, now how to get the benefit of Rs 1.5 lakh through ELSS, PPF, NPS?Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill in the Lok Sabha on February 13. This bill is ...
As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...
Whether it’s the Finance Bill, 2025, or the new Income Tax Bill, the detailed FAQs provided by the income tax department ...
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