The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

The bill will again go to the Cabinet after the parliamentary committee gives its recommendations on it. After Cabinet ...

Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

The main objective of the bill is to streamline and modernise India's tax system by simplifying legal language to ensure that ...

India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

As the Delhi Assembly Election results unfold, the impact of Nirmala Sitharaman’s recent tax cuts is under scrutiny. Did the BJP’s focus on the middle class alter voter preferences in a city where ...

The need for private sector to step up on investments gains significance at a time when the central government's spending on ...