The Income-tax Bill, 2025 exemplifies the Government’s resolve to enhance the ease of doing business and create a transparent ...

The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...

The new income tax law is supposed to be a fresh slate. A few provisions are interpreted differently by different High Courts. For example, whether payment of software licensing is royalty income ...

What is the objective of bringing the new tax Bill? The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax process simple and clear.

The proposed Income Tax Bill, 2025 aims to replace the existing Income-tax Act, 1961, with clearer language and structure. It introduces the 'tax year' concept and consolidates sections to improve ...

For a long time now, tax experts and taxpayers have felt the need for a new law which is written on a clean slate, subsuming all the current provisions and beyond. The new income tax bill will ...

Kentucky's bill to lower the state's individual income tax has been signed into law. The Senate took up the bill Tuesday, the first day that lawmakers reconvened since the January break.

India with Budget 2025: 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 ...

The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number ...

Income Tax Slabs | Budget 2025 LIVE: “There is an interesting change to the income tax law with respect to foreign companies branch taxation (typically to cover entities from Taiwan/ US).