The new Income Tax Bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

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 ...

The New Income Tax Bill, cleared by the Union Cabinet on 7 February 2025, is expected to be tabled in Parliament this week.

Speaking at the CNBC-TV18 Budget Verdict Townhall event, CBDT Chief Ravi Agarwal highlighted the steps taken to ease tax ...

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...

The CBDT, vide its Instruction No. 1/2004 ... 10 lakhs outstanding against him which have not been stayed by any authority. Q. Why get an Income Tax Clearance Certificate (ITCC)? A. Any person not ...

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 ...

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 ...

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 ...

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 ...

New Income Tax Bill 2025 - Will the new Income Tax Bill bring relief for taxpayers? Checkout the new tax bill to know the transparency in tax laws, experts view & all other tax related information on ...