Carmakers and local authorities in India are embroiled in $6 billion worth of tax disputes spanning years of scrutiny by the ...
India's retail inflation slowed to 4.31% in January from 5.22% in December, government data released on Wednesday showed.
Tax experts note this emphasis on clarity rather than systemic changes. The New Income Tax Bill incorporates numerous tables ...
The New Income Tax Bill will not change the existing tax slabs but will replace the present concept of assessment and ...
In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...
The draft Income-Tax Bill, 2025 has been circulated among Members of Parliament and is expected to be tabled in Parliament on ...
The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...
As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make ...
The proposed profit attribution rules under India's income tax law seek to put in place an objective and balanced framework ...
Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...
Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...
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