Following the passage of the Bills, the House was adjourned for the day. The new Income Tax Bill, meant to replace the ...

The Finance Minister tabled the modified new Bill following suggestions made by the Select Committee led by BJP MP Baijayant ...

Lok Sabha on Monday passed two important legislations pertaining to taxation -- Income-Tax (No 2) Bill and Taxation Laws ...

President Donald Trump’s tax and spending law will deal a financial blow to the poorest Americans while boosting the income ...

India's new Income Tax Bill 2025 revamps a 65-year-old law. Check the new tax slabs, simplified rules, and faceless ...

T he Lok Sabha on Monday passed the Income Tax Bill, 2025, a landmark move aimed at replacing India’s six-decade-old direct ...

India's new Income Tax Bill, 2025, simplifies the tax system by creating a single 'Tax Year,' reducing litigation, and offering new benefits like refunds for late filings and tax relief for vacant ...

Bill, 2025 seeks to replace the Income Tax Act, 1961. The development comes days after Finance Minister Nirmala Sitharaman withdrew the previous draft of the bill in the Lok Sabha. But what do we know ...

The legislation replaces the Income Tax Act of 1961 and incorporates about 285 recommendations from the parliamentary ...

The Bill simplifies the decades-old tax structure and makes it easier for taxpayers to calculate taxes and file returns.

A key change is that companies opting for the new tax regime will now be eligible for deductions under Section 80M (Clause ...