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Explained: Key I-T rule changes for salaried employees from April 1

Explained: Key I-T rule changes for salaried employees from April 1

30 March 2025 9:22 AM

These updates, announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025, aim to simplify the tax system and provide relief to...

Tamil Nadu: 3,000 PSU staff use fake bills for false ITR, says I-T dept

26 March 2025 12:50 AM

Tamil Nadu: 3,000 PSU staff use fake bills for false ITR, says I-T...

Over 30k taxpayers declare foreign assets, income of Rs 30,300 cr due to nudge campaign: FM

25 March 2025 1:32 PM

Over 30k taxpayers declare foreign assets, income of Rs 30,300 cr due...

New Income Tax Bill to be taken up for discussion in monsoon session: Sitharaman

25 March 2025 10:26 AM

New Income Tax Bill to be taken up for discussion in monsoon session:...

Indias Income Tax reforms to foster more transparent, taxpayer-friendly environment: Experts

13 Feb 2025 4:01 PM

India's Income Tax reforms to foster more transparent,...

New Income Tax bill introduced in LS; govt asks speaker to refer it to select committee of House

New Income Tax bill introduced in LS; govt asks speaker to refer it to...

13 Feb 2025 10:40 AM

Opposition 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 previous year, obsolete clauses

Simplified Income Tax Bill brings in 'tax year' concept; omits...

12 Feb 2025 2:20 PM

The 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...