Cabinet clears new income tax Bill, to be introduced in Parliament next week
The Cabinet, chaired by Prime Minister Narendra Modi, approved the New Income Tax Bill, sources said. Sources said the new ...
Cabinet okays bill to replace Income Tax Act, may be tabled in parliament soon
The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...
Union Budget is pro-rich, says Opposition
Opposition criticizes pro-rich Union Budget, urging Modi government to prioritize common people, farmers, and small ...
Middle-Class Bonanza! RBI Slashes Rates After 5 Years
In a rare double bonanza for the aam aadmi, the government has delivered two significant announcements within a week. First, Finance Minister Nirmala Sitharaman made income up to ₹12 lakh tax-free.
Cabinet approves Income Tax bill, to be introduced in Parliament next week
The Union Cabinet has approved a new income tax bill set to replace the six-decade-old I-T Act, with plans for its introduction in Parliament next week.
Cabinet clears Income Tax bill, to be introduced in Parliament next week
During her Budget 2025 speech, Nirmala Sitharaman announced that those with salaries up to ₹12 lakh per annum will pay nil income tax.