Donald Trump’s second administration has advanced an avalanche of policy action and political pronouncements that have jolted ...

The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...

In order to make the Income Tax Act 1961 more concise and simpler, the government is introducing a new income tax bill.

Finance minister Nirmala Sitharaman, in her Budget speech, had proposed to introduce the bill in Parliament next week.

The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

The Supreme Court on January 7 set aside the Gujarat High Court's judgment dated March 21, 2017, through which the rejection to the compounding application of the Appellant for the assessment ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

A top priority for President Donald Trump is extending the Tax Cuts and Jobs Act, but despite all of the touting of this, it ...

which will replace the decades-old Income Tax Act of 1961. In her Union Budget 2025-2026 speech, Finance Minister Nirmala Sitharaman said that the new income tax bill -- a direct tax code aimed at ...