New income tax Bill to be introduced in Parliament next week, says Nirmala Sitharaman
The proposed new income tax law follows from the earlier Budget announcement for 2024-25. In July 2024, Sitharaman had announced a comprehensive review of the Income-tax Act, 1961 to be completed in ...
Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...
Will The Income Tax Act, 1961 Be Replaced? What is Direct Tax Code & When Will It Be Implemented- Details Here
The government is set to overhaul India's tax system with the introduction of the Direct Tax Code (DTC), aimed at simplifying compliance, reducing ambiguities, and boosting digital integration. While ...
The Financial Express6d
Budget 2025: Govt may replace Income Tax Act, 1961 with THIS new law! What it means for taxpayers
The Direct Tax Code will overhaul the income tax laws, making them simpler and reducing legal complications and litigation ...