New Income Tax Bill provides simple framework to enhance ease of doing biz: ICAI
Chartered accountants’ apex body ICAI on Wednesday said the new Income Tax Bill provides a simple and clear framework that will enhance the ease of […]
New Income tax Act
Definition of computer system to be wider under Income Tax Bill: FM
With digital data being stored in varieties of devices, the Finance Ministry will be widening the definition of the ‘computer
Fresh Income Tax Bill brings clarity on taxation of rental income
After the Income Tax Bill was tabled in February, concerns mounted among homeowners regarding the computation of rental income from
New Income Tax Bill 2025 tightens rules on digital access during search operations
The revised Income Tax Bill, passed in the Lok Sabha on Monday, introduces sweeping updates to Section 132 of the
New income tax law simplifies language, retains existing rates: Nirmala Sitharaman in Rajya Sabha
Finance Minister Nirmala Sitharaman on Tuesday told the Rajya Sabha that the central government has fulfilled its July 2024 budget
Parliament passes new Income Tax Bill: Rajya Sabha clears it by voice vote; to replace Income Tax Act 1961
Parliament on Tuesday passed the New Income Tax Bill, 2025, with the Rajya Sabha clearing it by a voice vote
Income Tax Bill 2025: Finance Ministry issues corrigendum on interest on advance tax shortfall
The Finance Ministry has issued a corrigendum to the Income-tax (No. 2) Bill, 2025, introducing revised provisions for charging interest
Lok Sabha passes revised income-tax bill
The Lok Sabha on August 11 passed the revised income-tax bill 2025, and Taxation Laws (Amendment) Bill, 2025, which was
Important Update: Income-Tax (No. 2) Bill, 2025, introduced in Lok Sabha
The Lok Sabha on August 11, 2025 has tabled the Income-tax (No. 2) Bill, 2025, marking a sweeping consolidation and
Income tax bill 2025: FM Sitharaman withdraws Income Tax Bill in Lok Sabha; new Bill to be introduced on Aug 11
Income tax bill 2025 withdrawn: Finance Minister Nirmala Sitharaman Friday withdrew the Income Tax Bill, 2025, in the Lok Sabha,