Income Tax Slab, Budget 2025 LIVE Updates: Finance Minister Nirmala Sitharaman on Saturday said that she would introduce New Income tax bill next week. She added that she would update on indirect ...

The new direct tax code or the new income tax bill, set to be introduced in the Budget session of the parliament, and announced in the Budget 2025-26 by finance minister Nirmala Sitharaman will not ...

A new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next week, Finance Minister Nirmala Sitharaman said as she presented the Union ...

<div>Finance Minister P Chidambaram said on 28 August that the Direct Taxes Code (DTC), initiated by him during his earlier tenure, needed a fresh look. After a ...

Industry leaders advocate for efficiency and transparency in new tax framework The Bangalore Chamber of Industry and Commerce (BCIC) hosted a seminar on "Direct Tax Code vs Income Tax Act 1961 - Key ...

A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister Nirmala Sitharaman's speech last Budget hinted at this new tax law when she said ...

The new bill, which will be applicable from April 1, will focus on bringing new reforms along with simplification and rationalization of the tax filing process. The new Income Tax Bill, also referred ...

Legal experts in Kolkata advocate for the new direct tax code to address tax disputes, enhancing the exchequer and business stability. The high volume of pending cases emphasizes the urgency for ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons. Illustration: Dominic Xavier/Rediff.com India's ...

Finance minister Nirmala Sitharaman announced plans to introduce a new Income Tax Bill during her presentation of the Union Budget for 2025-26 in Parliament on Saturday. This bill is expected to be ...