‘We have completely shaken up the Income Tax Act,’ says FM Sitharaman in post-Budget address
Finance Minister Nirmala Sitharaman, speaking to the industry stakeholders in the first post-Budget interaction, said that the government has completely […]
New Income tax Act
Income tax relief should not be seen as government shifting focus from capex: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday clarified that the massive income tax relief given in Budget 2025 doesn’t mean that
Govt Received Over 60,000 Inputs From Citizens Towards New Income Tax Bill: FM
The government received more than 60,000 inputs from the citizens towards the making of the new Income Tax Bill, 2025,
Potential double taxation: Income Tax Bill 2025 pushes for tougher dividend regime on companies
Income Tax Bill, 2025, has proposed a tougher dividend regime on companies opting for a corporate tax rate of 22
Income Tax Bill creates ambiguities in eligibility for claiming refunds
The new Income Tax Bill, 2025 contains some provisions which have created ambiguity regarding the eligibility for claiming tax refunds.
Formation of Select Committee to Examine New Income Tax Bill, 2025; Baijayant Panda MP, Lok Sabha appointed as the Chairperson of Committee
The Lok Sabha’s Bulletin-Part II dated February 14, 2025, announces the formation of a Select Committee to scrutinize the Income-Tax
New Income Tax Bill: No changes in capital gains tax structure, but language simplified
Some taxation experts are calling the recently-tabled new tax bill a significant reform that will help modernize and simplify India’s
New I-T Bill has missed an opportunity on some fronts, say experts
The new Income Tax Bill disappoints on inclusion of provisions on group taxation and removal of TDS (Tax Deducted at
New IT Bill streamlines tax laws, not a mere amendment: FM Sitharaman
Finance Minister Nirmala Sitharaman on Thursday refuted the allegation that the new Income Tax Bill is just a mechanical change.
New Income Tax Bill: Section 80C tax-saving deductions now under clause 123
Finance minister Nirmala Sitharaman on February 13 tabled the new Income Tax Bill in the Lok Sabha and taxpayers, as
