Tax experts note this emphasis on clarity rather than systemic changes. The Bill incorporates tables for TDS provisions, presumptive tax rates and assessment timelines to enhance understanding.

Income Tax Bill 2025: Finance Minister Nirmala Sitharaman tabled the new direct tax code or the Income Tax Bill 2025 in Lok Sabha on Thursday. The Income Tax Bill, 2025, will now be referred to ...

Commenting on the Bill, Nangia Andersen LLP M&A Tax Partner Sandeep Jhunjhunwala said in the new bill all TDS related sections have been brought together under a single clause with simple tables ...

Finance minister Nirmala Sitharaman on Thursday tabled the new Income Tax Bill 2025 in the Lok Sabha and proposed a review by a select committee of the lower house, signalling the government’s ...

New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has tabled the New Income Tax Bill in Lok Sabha on Thursday, comprising 536 clauses across 622 pages, with an aim to replace the ...

Finance minister Nirmala Sitharaman on Thursday introduced Income Tax Bill, 2025, in the Lok Sabha, seeking a comprehensive overhaul of India’s tax laws. She urged Speaker Om Birla to refer the bill ...

FIRST ON FOX: Republican lawmakers are mounting a massive effort to repeal the federal inheritance tax, colloquially known as the "death tax." Rep. Randy Feenstra, R-Iowa, is leading more than 170 ...

Additionally, formulas and tables have been incorporated to improve comprehensibility and readability for all stakeholders. The Income Tax Bill 2025 maintains continuity and stability in the ...

A council majority argues that Davis is pushing a millage rate that will cause a shortfall in the 2025 budget.

The proposed new bill is projected to have 23 chapters, 16 schedules, and approximately 536 clauses, a significant reduction ...

Tax software can help you file your return more quickly. Here's how to pick the best option for you. Danni Santana has spent seven years as an editor and business journalist covering industries ...