What is new Income Tax Bill announced by Finance Minister Nirmala Sitharaman and why it will replace the Income Tax Act
The new Income Tax Bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...
cnbctv1811d
CBIC and CBDT Chiefs outline key steps to reduce tax-related litigations
Speaking at the CNBC-TV18 Budget Verdict Townhall event, CBDT Chief Ravi Agarwal highlighted the steps taken to ease tax ...
Business Today5d
CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for - new tax or old tax?
Tax calculator 2025: The Income Tax Department has introduced a user-friendly tool for taxpayers to compare taxes under the New Tax Regime for the financial years 2024-25 and 2025-26 (post budget ...
Mint2d
Four of every five people who file returns for FY26 likely to pay no tax, data shows
About 83.9 million Indians have filed income tax returns (ITRs) for financial year 2023-24 (FY24) as of December 2024. Of these, only 28.2 million (or 34%) paid tax, while the remaining 55.7 ...
Deccan Herald11d
Give suggestions on new income tax bill: CBDT chief to industry
The new income tax bill, which will replace the six decade old Income Tax act, 1961, has been drafted within six months and efforts have been made to simplify the language to make tax compliance ...
Hindustan Times11d
Income tax: 90% or more taxpayers may shift to new regime, says CBDT chief on Budget
The Central Board of Direct Taxes (CBDT) is the administrative body, under the Union finance ministry, for the I-T Department. The Budget announcement of zero tax for earnings upto ₹12 lakh per ...
Indiatimes10d
New Income-Tax Act to make life simple for taxpayers: CBDT chairman Ravi Agrawal
The tax department has renewed its focus on simplification and is banking on trust. In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT ... business income, it may come ...
moneycontrol.com11d
Tax department no longer adversarial, has a participative approach: CBDT chief Ravi Agrawal
The income tax department has adopted a more participative approach and is no longer an adversarial department, said CBDT chairman Ravi Agrawal at a FICCI event on Monday. Highlighting the ...
Mint11d
Give suggestions on new income tax bill: CBDT chief to industry
New Delhi, Feb 3 (PTI) Central Board of Direct Taxes (CBDT) Chief Ravi Agrawal on Monday asked industry players to give their suggestions on the new income tax bill, which will be tabled in ...
Zee Business11d
Give suggestions on new income tax bill: CBDT Chief Ravi Agrawal to industry
The new income tax bill, which will replace the six decade old Income Tax act, 1961, has been drafted within six months and efforts have been made to simplify the language to make tax compliance ...