Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 in Lok Sabha, set to replace the Income Tax Act ...

The Income Tax Department said on Thursday that the new Income Tax Bill aims to simplify tax rules and reduce legal ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

Nirmala Sitharaman's new Income Tax Bill takes effect in April 2026. Can taxpayers still opt for the old tax regime in FY26? Find out what experts say.

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

Another critical aspect of the Income-Tax Bill, 2025, is its updated regulations on digital transactions and cryptocurrencies ...

India’s direct tax collections have recorded 19.06 per cent year-on-year (YoY) growth, reaching Rs 21.88 lakh crore in the ...

The number of income tax return (ITR) filings in India has increased over the past five years, with state-wise and year-wise data highlighting the trend. A significant portion of these filings result ...

India’s net direct tax collection, comprising mainly corporate tax and personal income tax, jumped by 14.69 per cent to cross ...

Now a online process has to be used for submitting order giving effect requests. Earlier even if a taxpayer won a case ...