The Union Budget for 2025-26, presented on February 1, reinforces credibility in India’s fiscal consolidation roadmap while emphasizing boosting the economy’s overall growth potential, CareEdge Global ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

After introduction in the Upper House, the bill, which was approved by the Union Cabinet chaired by PM Modi, will be sent to ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Finance Minister Nirmala Sitharaman announced the introduction of a new income tax bill in the Lok Sabha next week, replacing ...

After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny.

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

Finance minister Nirmala Sitharaman expects a revival in private investments, citing early signs of consumption growth. She ...

Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala Sitharaman. At a ...

Economic Affairs Secretary Ajay Seth announced ongoing efforts to develop a taxonomy for climate finance, expected to be ...