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.
Union Finance Minister Nirmala Sitharaman on Monday said that about one lakh notices were sent in cases of non-filing of returns and misrepresentation of income.
Shree Cement on Wednesday received a letter from the office of Regional Director (NWR), Ministry of Corporate affairs (MCA), informing about order of inspection under Section 206(5) of the Companies Act, 2013.
A YouTuber from Bareilly, Uttar Pradesh, Taslim has been running a YouTube channel for years and has made close to Rs 1 crore.
A special team of the Income Tax (I-T)department was conducting raids at the premises of the arrested Tamil Nadu minister, Senthil Balaji's friend, Mani's business premises 'Kongu Mess' at Karur, said sources on Tuesday.
Direct tax collections for 2023-24, as on June 17, stood at Rs 3,79,760 crore, compared to Rs 3,41,568 crore in the corresponding period of the last fiscal, representing an increase of 11.18 per cent.
