In his speech during the budget session, MP Raghav Chadha said, "The poor receive subsidies and schemes, the rich have their debts forgiven, but the middle class gets nothing. The government thinks ...

The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or ...

The Income Tax Bill, 2025 comprises 536 sections, higher than 298 sections of the current Income-Tax Act, 1961.

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...

A new report by Old Mutual Kenya has highlighted the impact of high taxation revealing that 70% of Kenyans had experienced a decline in their income.

Capital losses from stocks, bonds, real estate, or mutual funds can help you reduce your tax liability. Here’s how the ...

Delhi High Court held that suo moto disallowance with bona fide yet mistaken belief that amount is liable to be offered for taxation, such mistake can be rectified via revision application under ...

The Income Tax Bill, 2025 comprises 536 sections, higher than 298 sections of the current Income-Tax Act, 1961. The existing ...

Support soars for petition meaning that MPs could debate tax freeze which is 'unfairly targeting the poorest paid' in Commons ...

Support soars for petition meaning that MPs could debate tax freeze which is 'unfairly targeting the poorest paid' in Commons ...

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