Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details) ...

The much-anticipated new income tax bill will replace terminologies like assessment and previous year with easier-to-understand 'tax year' as part of move to simplify language while removing provisos ...

Once introduced in the Lok Sabha, the Bill will be sent to the Parliamentary Standing Committee on Finance for further ...

Union Finance Minister Nirmala Sitharaman will introduce the new Income-Tax Bill 2025 in Lok Sabha on February 13 with aims ...

The new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in ...

Shorter, simpler and 'crisper' new legislation proposes two more schedules and almost doubles the sections under original ...

The law prescribes 33 per cent reservation of seats in the Lok Sabha and all state legislative assemblies for women.

In his X post, he said Sitharaman's reply was more about political point-scoring than addressing the concerns raised by the opposition.

Congress Lok Sabha Deputy Leader Gaurav Gogoi has come under fire after allegations surfaced against his wife, Elizabeth ...

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

The Dravida Munnetra Kazhagam (DMK) is reportedly considering nominating actor-turned-politician Kamal Haasan for a Rajya ...