The new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in ...

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

Finance Minister Nirmala Sitharaman is set to introduce the Income Tax Bill 2025 in the Lok Sabha on Thursday, February 13.

A new Income Tax bill, pledged by the Union Finance Minister in last year’s budget, is set to be presented in Parliament on ...

The bill notably seeks to introduce simpler terminology such as replacing ‘Assessment Year’ with 'Tax Year' and ‘Previous Year’ with 'Financial Year' ...

The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...

After the Union Cabinet chaired by Prime Minister Narendra Modi approved the new Income Tax bill last week, it is expected to ...

The government has listed a bill to consolidate and amend the law relating to income-tax for introduction in the Lok Sabha on ...

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The bill consists of 23 chapters, 16 schedules, and 536 clauses, covering a broad spectrum of tax-related provisions.