New Delhi, Feb 15 (PTI) Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in the simplified I-T Bill, 2025, on the tax department portal.
Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in the simplified I-T Bill, 2025, on the tax department portal. Also, Section to Section mapping ...
New Income Tax Bill 2025: According to the FAQ issued by the I-T department, the number of chapters in the new I-T bill has been halved to 23 from 47 in the previous Act. The new Income Tax Bill ...
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Income Tax: Due to these 5 reasons, people come under the radar of the Income Tax Department..Whenever taxpayers file returns (filing income tax returns), they have to give correct information about all types of ...
Budget 2025 income tax expectations: While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions but still to make the rest of the 28% filing ...
The income tax department has adopted a more participative approach and is no longer an adversarial department, said CBDT chairman Ravi Agrawal at a FICCI event on Monday. Highlighting the ...
In a surprise operation, officials from the Karnataka and Goa Income Tax Commissionerate raided ... Local police have provided security to them. The IT Department is yet to issue a press release.
The Income Tax (I-T) Department conducted raid and search operations at the offices of wealth and assessment management services group 360 ONE WAM (formerly IIFL Wealth) early Tuesday morning ...
This year again, expectations are high for more taxpayer-friendly reforms, including potential tweaks in income tax ... by making the new tax system more attractive, the tax department is ...
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The new income tax bill will simplify the tax system and reduce the problems of taxpayers: Income Tax DepartmentThe Income Tax Department said on Thursday that the new Income Tax Bill aims to simplify tax rules and reduce legal ...
Governments around the world rely heavily on income taxes as a primary source of revenue. Income tax in India is progressive, with higher earners paying more. However, some countries levy little ...
Some collections and audits are likely to be paused, and one-on-one personal service is set to be more limited.
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