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India’s Direct Tax Collections Rise 19 Per Cent To Rs 21.88 Lakh Crore In FY25
India’s direct tax collections have recorded 19.06 per cent year-on-year (YoY) growth, reaching Rs 21.88 lakh crore in the ...
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
The IRS tax credit that 1 in 5 taxpayers are missing out on: check out if you qualify to receive up to $7,830
Some taxpayers may be eligible for a refundable credit of up to $8,000. Here are the requirements and how to apply.
New Income Tax Bill 2025 LIVE Updates: Amendments, updates, tax slabs — what to expect from I-T Bill in LS tomorrow
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
New Income Tax Bill 2025: What are expected changes and how will they affect you?
The government is expected to introduce the Income Tax Bill 2025 on February 13, aiming to simplify tax laws and enhance ...
New Income-Tax Bill to replace 'assessment year' with 'tax year’ , make compliance easier
The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...
10 takeaways in new Income Tax Bill for taxpayers: Tax year, TDS compliance, number of sections and more
The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...
New Income Tax Bill to introduce 'tax year’, replace definitions with formulas
Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...
India Today2h
New Income Tax Bill to be simpler and clearer, likely to be presented tomorrow
When the Income Tax Act of 1961 came into being it had 880 pages. Over the years, the act contained several amendments introduced in the various budgets.
Income-Tax Bill 2025 vs Direct Tax Code proposals: How are they different
Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...
When is new Income Tax Bill likely to come into effect?
Once the new income tax bill is passed by Parliament, many taxpayers and common citizens will wonder when it will come into ...
Income Tax: ‘Assessment year’ to become ‘tax year’, govt to table new bill in Lok Sabha tomorrow
After the Union Cabinet chaired by Prime Minister Narendra Modi approved the new Income Tax bill last week, it is expected to ...