Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

The new Income Tax Bill 2025, which is likely to be tabled in the Parliament on February 13, aims to simplify the terminology ...

The new Income Tax Bill, 2025 will replace the complex Income Tax Act of 1961, simplifying tax administration with clearer ...

The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

HMRC ramped up its warnings ahead of the 31 January deadline, but the number of taxpayers who filed late nearly doubled to ...

MUMBAI: The new Income Tax Bill has no changes in the rate structures, nor are there any changes in the capital gains tax ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.