New I-T bill slashes sections by over 42% to 536 for easier compliance
In tax legislation, sections are individual provisions that outline specific rules, obligations or rights, and serve as the ...
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
New Income Tax Bill vs Old: Increased sections, fewer pages, easier words
While the new Income Tax Bill does not appear to bring in major policy changes, it introduces several structural and ...
New Income Tax Bill 2025 simplifies TDS, TCS; here's what has been proposed
The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...
Income Tax Bill 2025 to replace 1961 Act, introduces concept of tax year
Deductions from salaries, such as standard deduction, gratuity, and leave encashment, have now been consolidated in one ...
New Income Tax Bill 2025 LIVE Updates: Amendments, updates, tax slabs — what to expect from I-T Bill in LS tomorrow
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
Republicans weigh ending Wall Street’s favorite tax break
Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...
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New Income Tax Bill 2025: Stricter Rules For Virtual Digital Assets, Simple Terms And More
The proposed law replaces the term 'previous year' used in the Income Tax Act, 1961, with 'tax year.' Additionally, the ...
New Income Tax Bill 2025: What are expected changes and how will they affect you?
The government is expected to introduce the Income Tax Bill 2025 on February 13, aiming to simplify tax laws and enhance ...
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New Income Tax Bill 2025: Concept Of "Tax Year" To Be Introduced Instead Of "Assessment Year", "Financial Year" To Remain Unchanged
The new Income Tax bill is set to introduce the concept of 'Tax Year'. This will replace the current concept of assessment ...
New Income Tax Bill 2025
New Income Tax Bill 2025 - Will the new Income Tax Bill bring relief for taxpayers? Checkout the new tax bill to know the transparency in tax laws, experts view & all other tax related information on ...
New Income-Tax Bill to replace 'assessment year' with 'tax year’ , make compliance easier
The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...