The New Income Tax Bill will not change the existing tax slabs but will replace the present concept of assessment and ...

Carmakers and local authorities in India are embroiled in $6 billion worth of tax disputes spanning years of scrutiny by the ...

Tax experts note this emphasis on clarity rather than systemic changes. The New Income Tax Bill incorporates numerous tables ...

As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make ...

India’s net direct tax collection has risen 15 per cent to ₹17.78 lakh crore so far in the current fiscal 2024-15 (FY15), ...

Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...

India’s direct tax collections have recorded 19.06 per cent year-on-year (YoY) growth, reaching Rs 21.88 lakh crore in the ...

In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...

New Income Tax Bill is expected to come into effect on April 1, 2026. The bill aims to simplify tax laws, remove outdated provisions, and make compliance easier for taxpayers.

The draft Income-Tax Bill, 2025 has been circulated among Members of Parliament and is expected to be tabled in Parliament on ...

India's direct tax collections have witnessed a robust growth of 19.06 per cent year-on-year (YoY), reaching Rs 21.88 lakh ...

Reliance Industries record-breaking performance not only shows its contribution in India’s corporate sector but also reflects ...