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

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

Finance Minister Nirmala Sitharaman will introduce the New Income Tax Bill this week, after which it will go to a ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

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

Tax simplification should not be seen as a one-time effort but as a continuous process that evolves with changes in the economy, technology, and global practices.

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

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

Parliament is likely to see another stormy session as Finance Minister Nirmala Sitharaman might table the New Income Tax Bill ...

Congress accuses NDA govt of a "U-turn" from its previous stance on the Act, which was passed by Parliament in 2010. BJP had ...

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 is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...