The Income Tax Act, 2025; Reshaping Tax Framework, effective from April 1, 2026
Key Takeaways Income Tax Act, 2025 to be effective from April 1, 2026. The Act simplifies language, removes obsolete provisions […]
New Income tax Act
CBDT Issues Corrigendum to Income-tax Act, 2025
The Central Board of Direct Taxes (CBDT), through the Ministry of Law and Justice, has issued a Corrigendum dated September
New Income Tax Act: CBDT plans FAQs, streamlined rules to aid taxpayers, says RN Parbat
The Central Board of Direct Taxes (CBDT) is gearing up to ensure a seamless rollout of the new Income-tax Act
Government of India Notifies New Income Tax Act, 2025
The Government of India has officially notified the Income Tax Act, 2025, consolidating and amending the law relating to income
New Income Tax Bill provides simple framework to enhance ease of doing biz: ICAI
Chartered accountants’ apex body ICAI on Wednesday said the new Income Tax Bill provides a simple and clear framework that will enhance the ease of
Definition of computer system to be wider under Income Tax Bill: FM
With digital data being stored in varieties of devices, the Finance Ministry will be widening the definition of the ‘computer
Fresh Income Tax Bill brings clarity on taxation of rental income
After the Income Tax Bill was tabled in February, concerns mounted among homeowners regarding the computation of rental income from
New Income Tax Bill 2025 tightens rules on digital access during search operations
The revised Income Tax Bill, passed in the Lok Sabha on Monday, introduces sweeping updates to Section 132 of the
New income tax law simplifies language, retains existing rates: Nirmala Sitharaman in Rajya Sabha
Finance Minister Nirmala Sitharaman on Tuesday told the Rajya Sabha that the central government has fulfilled its July 2024 budget
Parliament passes new Income Tax Bill: Rajya Sabha clears it by voice vote; to replace Income Tax Act 1961
Parliament on Tuesday passed the New Income Tax Bill, 2025, with the Rajya Sabha clearing it by a voice vote