Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...
Presenting the Union Budget 2026–27 in the Lok Sabha, FM Sitharaman said all direct tax changes proposed in the Budget would ...
The Income Tax Act, 2025 will come into force from April 1, Finance Minister Nirmala Sitharaman said. It will replace the six ...
NEW DELHI, Aug 30 (Reuters) - India's government on Monday introduced a bill in parliament to overhaul its archaic direct tax laws, a key reform aimed at simplifying procedures for investors and bring ...
Direct taxes: The upcoming Union Budget 2025-26 in India is expected to bring about a new era of tax simplification, with the Finance Ministry focusing on comprehensive reforms to streamline the ...
There was not much for the people to cheer about on the direct tax front, but then a lot has already been done ...