Tax Reform
The government’s new Income Tax Bill promises to streamline taxation with simpler language and fewer sections.
The government’s new Income Tax Bill promises to streamline taxation with simpler language and fewer sections.
Union Finance Minister Nirmala Sitharaman Thursday introduced the Income Tax Bill 2025 in the Lok Sabha.
Kosambia, an athlete from Gujarat and a Tax Assistant with the Income Tax Department, achieved success at the 38th National Games held in Uttarakhand.
The Tea Association of India (TAI) has welcomed the government's decision to extend the exemption of agricultural income tax for the tea industry until 31 March, 2026, as announced in the state Budget for FY 2025-26.
Aiming to put more money in the hands of the middle class and simplify the whole filing process, the new Income Tax Bill is set to be tabled in the Parliament next week after receiving approval from the Union Cabinet.
Income Tax officials are conducting a survey on the Indian offices of the British public broadcaster BBC, sources said on…
Deputy Secretary Saumya Chaurasia was detained after months of grilling and raids by the federal agencies including the Income Tax.
He also directed the officials to register complaints of excesses perpetrated on officials and businessmen detained by the ED.
A Finance Ministry release said Direct Tax collections up to November 10, 2022, show that gross collections are at Rs. 10.54 lakh crore, which is 30.69 per cent higher than the gross collections for the corresponding period of last year.
The Income Tax (IT) department on Friday conducted raids at multiple locations in Bihar's Patna, including the Shivpuri, Patel Nagar, and Boring Road premises of builder Gabbu Singh.
