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.
The Kerala High Court on Monday asked the Centre government to produce documents related to the investigation initiated by it against the firm owned by state Chief Minister Vijayan's daughter Veena T.
Life Insurance Corporation of India has received orders for Rs 3,528 crore from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai.
The Rajya Sabha MP further clarified that the money belongs to his family and other related liquor firms.
Officers of Income Tax (I-T) department conducted raids at the house and offices of former TMC MLA from Raniganj, Sohrab Ali and his other business associates in nine different locations.
Commenting on the recent Income Tax raids on Congress MP Dhiraj Sahu's premises, in which crores of rupees were unearthed, Union Minister of State Ramdas Athawale said that Congress MP Rahul Gandhi should speak on the matter.
