The new income-tax bill, set to be implemented on 1 April 2026, aims to streamline and simplify the tax code. Expected to ...
FM Nirmala Tables New Income Tax Bill In Lok Sabha Amid Total Chaos, Says... | Budget Session Update ...
Under the new Income Tax Bill, 2025, Clauses 196, 197, 198 will deal with capital gains, and cryptocurrency has now formally be included as a taxable capital asset.
One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...
The Finance Minister recommended that the bill be sent to a select committee of Parliament for further scrutiny, with the committee's report due on the first day of the next session. Responding to ...
The middle class is often a forgotten segment of the population, says Sen. Mike Yakawich, a Billings Republican.
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in ...
Rachel Reeves is believed to be considering whether to scrap the tax-free cash version of the ISA savings account.
A bill to offer more tax relief to those impacted by the 2023 East Palestine train derailment passed the Ohio Senate on Wednesday. The legislation, co-sponsored by State Sen. Al Cutrona (R-Canfield), ...
The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, in ...
The Bill, which was introduced in the Lok Sabha on Thursday, included a new terminology "virtual digital space" in the clause ...