While the new proposed law does not rock the boat, the hope is that the innocuous language changes will not spring up any new ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...

Bill contains 23 chapters as against 47 in the 1961 Act; 536 provisions as compared to 819; and 260,000 words as opposed to ...

FM tables the Income Tax Bill, 2025, which aims to simplify tax laws, enhancing clarity. Experts say it is a serious attempt to simplify and remove ambiguity ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities ...

No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

Rejecting Opposition member’s claims on the government’s shift in focus away from capital expenditure, Sitharaman out-rightly replied that the Budget has not reduced sectoral allocations and ...

The Union finance minister says in the Lok Sabha that ‘substantial’ changes are being made to the Income Tax Act 1961.

The new Income Tax Bill of 2025, which will replace the existing Income Tax Act of 1961, is set to be introduced in the Lok Sabha today. The new Income Tax Bill is expected to be effective from April ...

The bill advances the Modi government’s "ease of doing business" initiative by providing a clear and simple tax framework ...

The current Income-tax Act was enacted in 1961 and came into existence with effect from April 1, 1962. It has been amended ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...