The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the bill on Friday (February 7). After its introduction, ...

Modi Government is going to take a big decision regarding the income law. Under this, a big change can be made soon in the ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...

The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax ...

"It will be simple, with no provisos or complicated language,” Tuhin Kanta Pandey said, highlighting the significant ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

The Bill will include the recent changes in income tax rates, slabs and TDS (Tax Deducted at Source) provisions will also be ...

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...

Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the ...