It missed a chance to level the field for citizens vis-a-vis big businesses—which have contributed little to India’s economic ...

Srinivas KamatThe Income Tax review of slab rates and the exemption from Income Tax for those earning up to Rs. 12.65 lakhs per annum in the 2025 Budget is bein ...

Delhi, Bihar and the states going to the polls next year have been tough grounds for the BJP, barring Assam where it had two ...

The Union Cabinet, led by Prime Minister Narendra Modi, has approved a new Income Tax Bill set to replace the existing Income Tax Act of 1961. The bill is expected to be introduced in Parliament next ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

Finance Minister Nirmala Sitharaman to introduce new income tax bill, replacing old I-T Act, after Cabinet approval.

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

Finance Minister expects consumption recovery, while RBI Governor monitors rupee depreciation impact on inflation and ...

The revised tax system is set to be implemented starting from the fiscal year 2025-26, affecting taxpayers in the assessment year 2026-27.

Finance Minister Nirmala Sitharaman emphasised that while the government is committed to boosting local manufacturing by ...