Experts have criticised the new tax bill for excluding fast-track demergers from tax-neutral treatment, saying the move contradicts the government’s […]
The Select Committee of Lok Sabha devoted approximately 25,000 hours to reviewing the Income Tax Bill 2025, which is meant
Company secretaries’ apex body ICSI on Thursday continued to pitch for recognising its members as accountants and urged the government
Income Tax Department on Tuesday issued clarification regarding the Income Tax Bill 2025, stating that the bill only aims to
The new income-tax bill does not grant any new powers to authorities on search and seizure, and significantly reduces ambiguities
As the draft Income Tax Bill, 2025 undergoes parliamentary scrutiny, it has sparked concerns among tax practitioners about a possible
Member of Parliament G. Kumar Naik believes that the new amendment to the existing Income Tax Act proposed by the
The aim of the new Income Tax Bill 2025 is to reduce litigation, simplify the rules for corporate and consolidate
The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill,
The new Income Tax Bill, 2025, aimed at simplifying language and modernising the six-decade-old tax law, took 60,000 man-hours to
