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The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...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 Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

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 ...

A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...

Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

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