Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

This proposed legislation seeks to replace the existing Income Tax Act of 1961, which has been in place for over 60 years.

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

The New Income Tax Bill 2025 aims to simplify tax laws, improve compliance, and reduce disputes. Key features include ...

There's about 1,200 bills filed but only some of them will become law. Here, we're tracking the bills that actually progress ...

Tax expert noted that the new bill is going to bring a 'transformative' shift in the country's taxation system by focusing on ...

Experts have often called the current Income Tax Act of 1961 complex, cumbersome, and leading to a lot of litigations. The ...

The average borrower could see their monthly bill swell to $288 from $95 according to an early estimate by The Institute for ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

Lok Sabha MP Manish Tewari has submitted an adjournment motion notice in the Lok Sabha to discuss the issue of the ...

The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...