New Income Tax Bill more complicated than previous one, says Congress MP Manish Tewari

Feb 13, 2025

"The Union Finance Minister had said that the new Income Tax Bill will be simpler than the previous bill. In the previous Bill, there...

Balochistan's new agricultural income tax bill sparks opposition from farmers

Feb 07, 2025

The Balochistan Assembly has recently passed the "Balochistan Tax on Land and Agricultural Income Bill," which imposes an income tax of up to 45...

Baijayant Panda to chair Select Committee on Income-Tax Bill

Feb 14, 2025

This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday, seeks to replace the existing Income Tax Act, 1961 and...

FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like crypto defined under income from other sources

Feb 13, 2025

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on...

"New bill will make lives of India's taxpayers much easier": BJP MP Tejasvi Surya

Feb 13, 2025

Bharatiya Janata Party (BJP) Lok Sabha MP Tejasvi Surya on Thursday praised the new Income Tax Bill, stating that the legislation will make the...

New Income Tax bill likely to be introduced in Lok Sabha on Thursday

Feb 11, 2025

Sitharaman had said in her budget speech on February 1 that the bill will be soon introduced in Parliament