The Income Tax Bill 2025 aims to simplify the tax system by dropping obsolete provisions, decriminalizing many offences, and ...
Finance Minister Nirmala Sitharaman to introduce the Income-Tax Bill, 2025 in Lok Sabha, focusing on clarity, simplicity, and ...
The new Income-Tax Bill 2025, introduced by India’s Finance Minister, seeks to replace the 1961 Act, providing clearer tax ...
Bill to propose inclusion of provisions of virtual digital assets. Notably, only income earned within India would be subject to tax, and not global income.
The European Union will make a big push for regulatory simplification this year, refraining from introducing new tax proposals as part of an effort to ease business compliance burdens.
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the ...
The local authority is considering implementing the visitor levy but wants feedback from locals to inform its decision ...
Council tax in Scotland – as in England – is out of date, regressive and distortionary. How should it be reformed, and what ...
The Bill is expected to omit references to the old tax regime, officially making the new tax regime the default. However, ...
Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...
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