1. Income Tax Act 1961 has 823 pages as amended in 2024 where as the new income tax bill is spread across 622 pages. So it is ...

Sources indicate that the bill focuses on easing compliance. The new framework will streamline paperwork, integrate digital ...

T he New Income Tax Bill, set to be presented in Parliament on Thursday, February 13, will span over 622 pages and aims to replace the six-decade-old Income Tax Act of 1961. Once ...

The new Income Tax Bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

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 is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

The main goal of the new bill is to streamline the existing Income Tax laws, making them more transparent and concise to ...

The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

Kansas Senate Republicans announced their intention to end taxes on tipped income, but it might be irrelevant if the federal ...