The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters. This new bill, tabled ...

Finance Minister Nirmala Sitharaman is scheduled to introduce the new Income Tax Bill in the Lok Sabha on Thursday as part of ...

The Parliament’s Budget Session began at 11 a.m. The Lok Sabha, however, was adjourned till 2 p.m. amid protests by ...

Simplification: The provisions under the Income Tax Bill, 2025, have clearer language and cater to modern work scenarios, such as allowances for digital work tools. 2. Standard Deduction: Increased ...

The Income Tax Bill has failed to live up to the hype that it created, feels a section of tax analysts and chartered accountants. They feel what was seen as an exercise to revamp the 65-year-old ...

The new Income Tax Bill, 2025, consists of 536 sections, 23 chapters, and 16 schedules in just 622 pages—a significant ...

Stay updated with live coverage of FM Sitharaman tabling the Income Tax Bill 2025 in Lok Sabha. Get the latest news and key highlights.

Nirmala Sitharaman will table the new income tax bill in Lok Sabha on Thursday, February 12. Thereafter, it will be referred ...

As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make it more transparent, efficient, and business-friendly. Expected to be tabled ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.