After introduction in the Upper House, the bill, which was approved by the Union Cabinet chaired by PM Modi, will be sent to ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

India’s latest budget under Prime Minister Narendra Modi’s government takes a strategic turn toward boosting consumption at a ...

Finance Minister Nirmala Sitharaman emphasised that while the government is committed to boosting local manufacturing by ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...

The new income tax bill, which will replace the six decade old Income Tax act, 1961, has been drafted within six months and efforts have been made to simplify the language to make tax compliance ...

India flags ‘mistreatment’ of nationals deported from U.S.; Kejriwal served legal notice over bribery allegations, and more ...

A week after the Union Budget was announced, the big question remains: Will it help India step onto the path to Viksit Bharat ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

A discussion on the Budget 2025 will be taken up in the Lok Sabha on Friday. The new Income Tax Bill is expected to be tabled ...