The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

This proposed legislation seeks to replace the existing Income Tax Act of 1961, which has been in place for over 60 years.

The New Income Tax Bill 2025 aims to simplify tax laws, improve compliance, and reduce disputes. Key features include ...

Parliament Budget Session 2025, New Income Tax Bill 2025 Live Updates: The Parliament is expected to have another stormy ...

There's about 1,200 bills filed but only some of them will become law. Here, we're tracking the bills that actually progress ...

Finance Minister Nirmala Sitharaman in her Budget 2025-26 speech said that the new tax bill will be submitted during the ...

The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...

Tax expert noted that the new bill is going to bring a 'transformative' shift in the country's taxation system by focusing on ...

Experts have often called the current Income Tax Act of 1961 complex, cumbersome, and leading to a lot of litigations. The ...

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the bill on Friday (February 7). After its introduction, ...

FM Nirmala Sitharaman is set to present the New Income Tax Bill in the Lok Sabha today. The bill aims to simplify tax rules, ...

The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...