Income Tax Bill 2025: Tax year not financial year or assessment year will come up in new bill; here's what it means
One significant amendment in the revised Income Tax Bill is the introduction of the term 'tax year', which replaces the ...
Indiatimes29d
Government to move new income tax bill in Budget session
The new law will replace the 63-year-old Income Tax Act. The bill will be introduced and potentially tweaked based on feedback from taxpayers and experts.
Government lists Income-Tax Bill, 2025 for introduction in LS on February 13
The government has listed a bill to consolidate and amend the law relating to income-tax for introduction in the Lok Sabha on ...
Hindustan Times24d
Budget 2025: Why the government is reluctant to reduce personal income tax
Personal income tax provides significant and steady revenues to the government. Its collection exceeds the government's revenues from taxes on the profits of corporations.(PTI) The new tax regime ...