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.
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 ...
In a rare double bonanza for the aam aadmi, the government has delivered two significant announcements within a week. First, ...
The Union Cabinet has approved a new income tax bill set to replace the six-decade-old I-T Act, with plans for its ...
The Cabinet, chaired by Prime Minister Narendra Modi, approved the New Income Tax Bill, sources said. Sources said the new ...
Union Cabinet approves new income tax bill; new bill seeks to make direct tax law simple to understand and not to impose any ...
The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...
The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
As the government hopes for the start of a virtuous cycle of economic growth, some see the present path as a marriage of sound economics and good politics ...
Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.
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