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Following the passage of the Bills, the House was adjourned for the day. The new Income Tax Bill, meant to replace the ...
Lok Sabha on Monday passed two important legislations pertaining to taxation -- Income-Tax (No 2) Bill and Taxation Laws ...
The Lok Sabha on Monday passed the Income Tax Bill, 2025, aimed at overhauling India’s 63-year-old income tax framework, ...
India's new Income Tax Bill 2025 revamps a 65-year-old law. Check the new tax slabs, simplified rules, and faceless ...
The revised Income Tax Bill 2025, incorporating nearly all Select Committee recommendations, aims to modernise and simplify ...
The original Income Tax Bill, 2025, was introduced on February 13 to replace the six-decade-old Income Tax Act, 1961. However ...
Finance Minister Nirmala Sitharaman is set to unveil a revised Income Tax Bill 2025 in the Lok Sabha, incorporating 285 ...
A key change is that companies opting for the new tax regime will now be eligible for deductions under Section 80M (Clause 148), extending benefits to more corporate taxpayers.
T he Lok Sabha on Monday passed the Income Tax Bill, 2025, a landmark move aimed at replacing India’s six-decade-old direct ...
As announced in Budget 2025, Finance Minister Nirmala Sitharaman tabled the Income Tax Bill, 2025, in the Lok Sabha on ...
India's new Income Tax Bill, 2025, simplifies the tax system by creating a single 'Tax Year,' reducing litigation, and offering new benefits like refunds for late filings and tax relief for vacant ...