Finance Minister Nirmala Sitharaman will introduce the Income Tax Bill 2025, aiming to simplify tax language and processes.

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

A Maryland Bureau of Revenue Estimates analysis of Moore’s budget plans hows that modest-income earners will see their taxes ...

Finance Minister Nirmala Sitharaman will present the new I-T Bill 2025 in Parliament at 2 pm today, amid this, we take a look ...

As diplomatic ties evolve, PM Modi will meet US President Donald Trump in Washington, China’s Foreign Minister Wang Yi visits ...

After announcing a big reduction in taxes for the middle class, Finance Minister Nirmala Sitharaman is set to table the New ...

Rachel Reeves is considering a stealth income-tax rise in the Spring Statement next month ...

The bill is likely to propose expanded definitions related to digital transactions, electronic record-keeping, and ...

The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts ...

Finance Minister Nirmala Sitharaman has announced that the government is preparing to introduce a new Income Tax Bill in the ...