The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...

Opposition criticizes pro-rich Union Budget, urging Modi government to prioritize common people, farmers, and small ...

The new bill seeks to make direct tax law simple to understand and not to impose any new tax burden, reportedly. It will not have provisos and explanations or long sentences.

In a rare double bonanza for the aam aadmi, the government has delivered two significant announcements within a week. First, ...