‘No change in rates of taxes’: Income Tax Department issues clarification on Income Tax Bill, 2025
Income Tax Department on Tuesday issued clarification regarding the Income Tax Bill 2025, stating that the bill only aims to […]
New Income tax Act
New Income Tax bill gives no new search powers, eases compliance: Baijayant Panda
The new income-tax bill does not grant any new powers to authorities on search and seizure, and significantly reduces ambiguities
No LTCG hike in draft Income Tax Bill, clarifies govt as rumours erupt
As the draft Income Tax Bill, 2025 undergoes parliamentary scrutiny, it has sparked concerns among tax practitioners about a possible
Karnataka MP says new amendment to Income Tax Act will impact services of Chartered Accountants
Member of Parliament G. Kumar Naik believes that the new amendment to the existing Income Tax Act proposed by the
Aim is to reduce litigation, consolidate TDS deduction: PP Chaudhary on new Income Tax Bill
The aim of the new Income Tax Bill 2025 is to reduce litigation, simplify the rules for corporate and consolidate
‘Enforcement with empathy’: Income tax department working on rules, forms for new tax bill, says CBDT chief
The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill,
New Income Tax Bill took 60,000 man-hours to draft, says FM Sitharaman
The new Income Tax Bill, 2025, aimed at simplifying language and modernising the six-decade-old tax law, took 60,000 man-hours to
New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP Member of Parliament and Chairman of the Finance Select Committee, Baijayant Jay Panda on Tuesday reflected upon the ongoing
Centre rejects demand to slash TDS on crypto transactions during Select Committee discussions on Income Tax Bill, 2025
The Ministry of Finance has rejected a recommendation to ease the tax burden on Virtual Digital Asset (VDA) transactions, turning
Parliamentary panel suggests relief in refunds to small tax payers if ITR not filed in due time
A Parliamentary panel, which examined the new Income Tax Bill, on Monday suggested that the Finance Ministry should allow individual