Showing results for "#income tax bill"
Explained: Key I-T rule changes for salaried employees from April 1
These updates, announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025, aim to simplify the tax system and provide relief to...
New Income Tax bill introduced in LS; govt asks speaker to refer it to...
13 Feb 2025 10:40 AMOpposition members opposed the Bill at the introduction stage but the House passed a motion by voice vote for its introduction
Simplified Income Tax Bill brings in 'tax year' concept; omits...
12 Feb 2025 2:20 PMThe Bill introduces a new concept of 'tax year' as the 12-month period beginning from April 1. This would replace the present concept of assessment...
Simplified Income Tax Bill brings in 'tax year' concept, omits...
12 Feb 2025 11:14 AMThe Bill comprises 536 sections, 23 chapters and 16 schedules in just 622 pages. It does not bring in any new taxes, but only simplifies the language...
New Income Tax Bill to raise transparency in tax laws, say experts
10 Feb 2025 7:31 AMUnion Finance Minister Nirmala Sitharaman is expected to introduce the Income Tax Bill this week, which would go to the Parliament's Standing...
FM Sitharaman hopeful of introducing Income Tax Bill next week
8 Feb 2025 12:09 PMAiming to put more money in the hands of the middle class and simplify the whole filing process, the bill has been granted approval in the Cabinet...
Cabinet clears new Income Tax Bill; to be introduced in Parliament...
8 Feb 2025 8:15 AMThe new bill seeks to make direct tax law simple to understand and not to impose any new tax burden. It will not have provisos and explanations or...
Cabinet clears new I-T bill; to be introduced in Parliament next week
7 Feb 2025 4:52 PMThe new bill seeks to make direct tax law simple to understand and not to impose any new tax burden. It will not have provisos and explanations or...