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Income Tax department activates section wise mapping of I-T Act, Tax bill
Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in the simplified I-T Bill, 2025, on the
New Income Tax Bill omits deduction for inter-corporate dividends under concessional rate
The Income Tax Bill 2025 has omitted the deduction for inter-corporate dividends for companies opting for the 22 per cent tax rate, which is allowed
ICAI backs Income Tax Bill 2025, calls it a boost for economic growth and MSMEs
The CA Institute, the world’s largest accounting body, on Friday expressed strong support for the newly introduced Income Tax Bill, 2025, highlighting its potential to
New Income Tax Bill: What’s in it for taxpayers?
After the substantial relaxations announced under the new tax regime in the recent Budget, it was a bit unreasonable for folks to expect further miracles
How will the new income tax bill impact your tax calculations?
In this episode of the State of Economy Podcast, businessline’s Shishir Sinha speaks with Sandeep Jhunjhunwala, M&A Partner, Nangia Anderson LLP and Anil Talreja, Partner, Deloitte .
New IT Bill streamlines tax laws, not a mere amendment: FM Sitharaman
Finance Minister Nirmala Sitharaman on Thursday refuted the allegation that the new Income Tax Bill is just a mechanical change. She introduced the Bill in
New Income Tax Bill 2025 eases NRI worries, enhances clarity and compliance
The Income Tax Bill 2025 endeavours to create a more transparent and efficient tax environment for NRIs, addressing long-standing challenges and promoting greater engagement with
Income Tax Bill: from complexity to clarity
The new Income Tax Bill presented in Parliament is an exercise to make it “concise, lucid, easy to read and understand”, in the words of
Mix of fiscal and monetary policies, a booster for the economy
Budget 2025-26 announced a slew of measures which include, among others, changes in the income tax slab and raising the income tax exemption limit to