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

As India’s digital creators reshape culture and commerce, outdated tax laws threaten to stifle this growing creative ...

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 National Pension System (NPS) provides an additional deduction of up to Rs 50,000 under Section 80CCD(1B), over and above ...

It is crucial for New Delhi to implement systemic changes to make India an attractive place to live and invest in, analysts ...

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

All the major changes announced in Budget 2024 - rejig of income tax slabs under the new regime and rationalisation of ...

Lok Janshakti Party MP Arun Bharti hailed the Income Tax Bill, 2025 as a historic step toward simplifying India's tax ...

Shares of several companies will remain in focus on Friday (July 25) including Wipro, Canara Bank, Nestle India, Reliance ...