Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, which aims to simplify tax laws, modernise definitions, and provide more ...

A simplified Income Tax Bill, 2025, was introduced in the Lok Sabha on February 13 by Finance Minister Nirmala Sitharaman.

The committee will have 31 MPs, including 17 from the ruling National Democratic Alliance. The NDA MPs include 14 from the BJP and one each from the TDP, JD(U), and the Shiv Sena.

It is important to note that this zero tax liability only pertains to the new tax regime that has been in place as the default system since 2023. To avail of this benefit, taxpayers simply need to ...

The new bill aims to simplify tax provisions with clearer language, reducing its length and eliminating redundant sections ...

Raghav Chadha said the Finance Minister made sarcastic comments against his statement and accused him of misleading the House ...

AAP MP Raghav Chadha in a video said that Finance Minister Nirmala Sitharaman tried to “complicate” his counter regarding the ...

In an Instagram video titled "Cold' play take on the Union Budget," Tharoor blended humour, music, and policy critique to ...

Finance Minister Nirmala Sitharaman addressed the depreciation of the rupee against the US dollar, in line with other Asian ...

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, aiming to simplify tax terminology and reduce legal ...

Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill, 2025, in the Lok Sabha on Thursday as part of the tax ...