The 63-year-old Income Tax Act is about to end, know how different the new bill will be from the old one
The new Income Tax Bill will be made keeping in mind India's changing economy, the digital age and the needs of the taxpayers. If it makes tax compliance easier and increases transparency, it can prove beneficial for traders,
Give suggestions on new income tax bill: CBDT chief to industry
New Delhi, Feb 3 (PTI) Central Board of Direct Taxes (CBDT) Chief Ravi Agrawal on Monday asked industry players to give their suggestions on the new income tax bill, which will be tabled in Parliament this week.
How new Income Tax bill makes life easier for taxpayers
The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for the digital era.
What is new Income Tax Bill, how is it different from tax cuts in Budget 2025?
With state governments handing out freebies to the poor leading to despondency in the middle-class, it was assumed that Finance Minister Nirmala Sitharaman would have no option but to make a big move to change the mood of the middle-class.
Budget 2025: New Income Tax Bill will simplify compliance for taxpayers
itharaman emphasized that the new code would not only simplify the complex provisions of the current tax laws but also enhance taxpayer convenience
India’s New Income Tax Bill: What We Know So Far & What It Means for You
Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, unveiled a transformative tax reform—India will introduce a new Income Tax Bill to replace the existing Income Tax Act of 1961. This move aims to make tax laws simpler,
Anticipation is the theme of these 8 memes ahead of New Income Tax Bill next week
The New Income Tax Bill, Nirmala Sitharaman said, would reflect the government’s decade-long efforts focused on enhancing taxpayer convenience.
Budget 2025: Sitharaman cuts taxes for middle class, here`s what experts say
The Modi 3.0 government`s first full Budget 2025 was on Saturday presented by Finance Minister Nirmala Sitharaman who announced relief in taxes for middle class. Sitharaman announced significant income tax cuts for the middle class.
Budget 2025 Income Tax Slab: Tax Slab under New Regime for AY 2025-26; Check All Details Here!
The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh is tax-free,
Budget 2025: How Much Will You Save Under The New Income Tax Slabs?
How Much Will You Save Under The New Income Tax Slabs? Posted: 1 February 2025 \. Budget 2025: How Much Will You Save Under The New Inco
No Tax Up To Rs 12 Lakh: Old vs New Tax Regime – Which One Is Better For Rs 15-25 Lakh+ Income?
Union Budget 2025 brought major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing no tax on income up to ₹12 lakh. The move aims to boost consumption amid sluggish GDP growth and promotes the new tax regime over the old one.
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New Income Tax Bill: What YOU Must KNOW
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...
New income tax Bill to be introduced in Parliament next week, says Nirmala Sitharaman
The proposed new income tax law follows from the earlier Budget announcement for 2024-25. In July 2024, Sitharaman had ...
India’s tax laws set for a revamp: What is the new Income Tax Bill? How will it affect you?
Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...
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Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations
Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...
Give suggestions on new income tax bill: CBDT Chief Ravi Agrawal to industry
Chief Ravi Agrawal said that the new bill has been drafted in such a way that it meets international standards.
Tax-Union Budget 2025: All eyes on Direct Tax Code that may replace Income Tax Act, 1961 today -- all eyes on FM Sitharaman
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...