The Income Tax department is formulating rules for the new Income Tax Bill, 2025, which aims to modernize tax laws. CBDT ...

A landmark parliamentary review of the new Income Tax Bill, 2025 has proposed sweeping reforms to ease tax compliance, ...

BJP MP Baijayant Panda said the new law, once passed, will simplify India’s decades-old tax structure, cut down legal ...

The Income Tax Department also reported a 36% increase in income tax returns filed, reaching 9.19 crore in FY25, up from 6.72 crore returns filed in FY21. Gross Direct Tax Collections have ...

The Income Tax Bill, 2025 simplifies India's tax code, reducing 47 chapters to 23 and 819 provisions to 536. It aims to ...

Launched this month by a founding team with deep expertise in global tax operations, business growth, and Indian tax law, TaxSQR is a new tax filing platform built for how people work and earn today.

A social media user recently shared that he is confused about whether he should take a ₹75 lakh per annum job offer or not.

The report of the parliamentary panel on the new Income-Tax Bill was presented in the Lok Sabha on Monday.

Under that system, annual income of 300,000 rupees to 1.5 million rupees is taxed at between 5% to 20%. ... India gets a bulk of its income tax from persons earning at least 10 million rupees, ...

Between 2013-14 and 2024-25, refunds issued to taxpayers have skyrocketed by 474 per cent, rising from Rs 83,008 crores to Rs ...