‘Enforcement with empathy’: Income tax department working on rules, forms for new tax bill, says CBDT chief
The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill, […]
New Income tax Act
New Income Tax Bill took 60,000 man-hours to draft, says FM Sitharaman
The new Income Tax Bill, 2025, aimed at simplifying language and modernising the six-decade-old tax law, took 60,000 man-hours to
New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP Member of Parliament and Chairman of the Finance Select Committee, Baijayant Jay Panda on Tuesday reflected upon the ongoing
Centre rejects demand to slash TDS on crypto transactions during Select Committee discussions on Income Tax Bill, 2025
The Ministry of Finance has rejected a recommendation to ease the tax burden on Virtual Digital Asset (VDA) transactions, turning
Parliamentary panel suggests relief in refunds to small tax payers if ITR not filed in due time
A Parliamentary panel, which examined the new Income Tax Bill, on Monday suggested that the Finance Ministry should allow individual
Income tax cuts, lending rate easing, good rains yet to spur auto demand: Report
The positive macroeconomic indicators of Indian economy, such as income tax cuts, easing lending rates, and above-normal rainfall, have not
Parliamentary panel retains Income Tax Bill provisions allowing tax officials to forcibly access social media, private email
The Parliamentary Select Committee appointed to review the new Income Tax Bill 2025 proposed by the government has retained the
Lok Sabha panel flags fixes in draft Income Tax Bill, backs simplification agenda
India’s most significant direct tax reform in over six decades moved a step closer to becoming law on Monday, as
Parl Panel report on Income Tax Bill focuses on taxpayer protection, reduced compliance
The 31-member Select Committee of Lok Sabha, tasked with examining the Income Tax Bill, 2025, has suggested 32 amendments to
Par panel on new Income Tax Bill suggests changes in TDS refund claims, taxation of trusts
A Parliamentary panel, which examined the new Income Tax Bill, on Monday suggested that the Finance Ministry allows individual taxpayers