As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...
Whether it’s the Finance Bill, 2025, or the new Income Tax Bill, the detailed FAQs provided by the income tax department ...
While 27% believe the Rs 12 lakh tax exemption will boost household income, 31% fear that the situation will worsen, reflecting mixed public sentiment on the Union Budget's impact, according to the ...
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Baijayant Panda to chair Select Committee on Income-Tax BillLok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
According to the MOTN survey, 27% expect household income to improve, while 31% foresee a decline. On tax exemptions, 44% see benefits for savings. Views on the Union Budget are mixed, with 28% ...
ICAI supports new Income Tax Bill 2025 to simplify tax framework, stimulate growth, and assist members with understanding.
The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.
It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...
The long-awaited Income Tax Bill, 2025 was finally tabled in the Lok Sabha, ending decades of hand-wringing. Following ...
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