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.
Demanding that the income tax department initiate an investigation on this alleged suppression of financial fact, Adhikari also accused Shahjahan Sheikh of murdering several local BJP leaders at Basirhat sub-division in North 24 Parganas after the 2019 Lok Sabha polls.
In an alarming recovery, more than Rs 2.31 crore in cash and one kg of gold were found in a locked almirah of Yojana Bhavan here, police sources said.
A simple solution to control time and cost overruns would be to condense the timeline of all Government projects to one year. Typically, each Government Department has scores of projects running simultaneously. Budget allocations are made in a way that some projects hibernate while others are speeded-up. If a time period of one year is uniformly allocated for all Government projects, starting from 1 April, cost and time overruns could be easily monitored
Vigilance and Anti Corruption Bureau (VACB) had earlier written to the state government seeking permission to investigate the complaint against Vaidekam Resort involving the family of EP Jayarajan.
“The Central government has let loose the Enforcement Directorate (ED) in Chhattisgarh, raided our leaders, arrested some of them, but we managed to make the convention (plenary) successful,” the Congress president said.