CAs highlight no income tax rebate under Section 87A despite income below Rs 7 Lakh under new tax regime in this situation ...

The new tax regime permits taxpayers to file their returns at reduced tax rates but does not allow them to claim most tax ...

The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no ...

The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been ...

The Income Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income Tax Act, 1961, ...

A new version of the Income Tax Bill will be introduced in the Lok Sabha on August 11. The Select Committee had suggested a ...

The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no ...

The process of filing ITR for FY 2024-2025 has become more complex due to changes in the capital gains tax laws and income ...

India's Income Tax Act simplification is a major government initiative, with the draft Income Tax Bill 2025 aiming to ...

"The current Income Tax Act of 1961 has undergone more than 4,000 amendments and contains over 5 lakh words. It has become ...

As India’s ITR 2025 filing season peaks, freelancers face stricter compliance and tailored deduction rules compared to salaried employees. From income classification to expense claims, understanding ...

The new version will keep the original intent of simplification while adding clarity to avoid any ambiguity. A central objective is to reduce disputes over interpretation and organize scattered tax ...