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 ...

Whether it’s the Finance Bill, 2025, or the new Income Tax Bill, the detailed FAQs provided by the income tax department ...

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

ICAI supports new Income Tax Bill 2025 to simplify tax framework, stimulate growth, and assist members with understanding.

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

Central Board of Direct Taxes expects the Institute of Chartered Accountants of India to go through the bill ...