Income Tax Bill
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31-Member Panel Set Up To Examine Income Tax Bill, Will Be Headed By BJP MP
Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill.
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Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
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New Income Tax Bill Tabled In Parliament. Here's What Is Different In It
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February 1, and which is expected to reduce the jargon in the Income-Tax Act of 1961, making it easier to understand.
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Budget Session 2025 Live: Income Tax Bill Tabled In Lok Sabha, Opposition Walks Out
A new Income Tax bill -- promised by the Union finance minister in her last year's budget -- was tabled in parliament today.
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Reader Friendly, Tables For Calculation Among Key Features Of New Income Tax Bill
The simplified Income Tax Bill 2025, which brings in the concept of 'tax year' and abolishes the archaic and complicated terms 'previous' and 'assessment years', is likely to be introduced in Parliament on Thursday.
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New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
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New Income Tax Bill To Be Tabled In Parliament On Thursday: Sources
A new Income Tax bill -- promised by Union finance minister in her last year's budget -- will be tabled in parliament on Thursday, sources have told NDTV.
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Parliament Budget Session 2025 Live updates: Rajya Sabha Discusses Union Budget 2025
Parliament Budget Session 2025 Live updates: A new income tax bill, which received approval from the Union Cabinet on Friday, is likely to be introduced today.
-
Cabinet Clears New Income Tax Bill: Report
The Union Cabinet on Friday approved the new income tax bill, which will replace the six decades old I-T Act, sources said.
-
Budget 2025: Nirmala Sitharaman Says Will Introduce New Income Tax Bill Next Week
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 Saturday as she presented the Union Budget 2025.
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Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced separately, and not as part of the Union Budget to be delivered by Finance Minister Nirmala Sitharaman on Saturday morning.
-
Defeated In Council, Karnataka Temple Tax Bill Passed By Both Houses
A bill that sought to collect funds from temples with over Rs 10 lakh annual income, which was defeated by the opposition BJP-JD(S) combine in the legislative council last week, was taken up for reconsideration and passed by both houses of the legisl
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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Budget 2023: Overseas Holidays May Get Costlier, Hike In TCS Proposed
The Finance Bill, through the Budget 2023-24, amended Section 206C of the Income Tax Act levying a higher Tax Collected at Source (TCS) on overseas tour programme packages.
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India's New Tax Rule On Crypto Losses "Detrimental," Says Exchange Chief
The government's clarification of disallowing losses incurred in a particular digital asset to be set off against income from another version of a crypto holding is "detrimental for India's crypto industry and the millions who have invested in this emerging asset class," said Ashish Singhal, Co-founder and CEO of CoinSwitch, one of India's top cryp...
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31-Member Panel Set Up To Examine Income Tax Bill, Will Be Headed By BJP MP
Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill.
-
Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
-
New Income Tax Bill Tabled In Parliament. Here's What Is Different In It
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February 1, and which is expected to reduce the jargon in the Income-Tax Act of 1961, making it easier to understand.
-
Budget Session 2025 Live: Income Tax Bill Tabled In Lok Sabha, Opposition Walks Out
A new Income Tax bill -- promised by the Union finance minister in her last year's budget -- was tabled in parliament today.
-
Reader Friendly, Tables For Calculation Among Key Features Of New Income Tax Bill
The simplified Income Tax Bill 2025, which brings in the concept of 'tax year' and abolishes the archaic and complicated terms 'previous' and 'assessment years', is likely to be introduced in Parliament on Thursday.
-
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
-
New Income Tax Bill To Be Tabled In Parliament On Thursday: Sources
A new Income Tax bill -- promised by Union finance minister in her last year's budget -- will be tabled in parliament on Thursday, sources have told NDTV.
-
Parliament Budget Session 2025 Live updates: Rajya Sabha Discusses Union Budget 2025
Parliament Budget Session 2025 Live updates: A new income tax bill, which received approval from the Union Cabinet on Friday, is likely to be introduced today.
-
Cabinet Clears New Income Tax Bill: Report
The Union Cabinet on Friday approved the new income tax bill, which will replace the six decades old I-T Act, sources said.
-
Budget 2025: Nirmala Sitharaman Says Will Introduce New Income Tax Bill Next Week
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 Saturday as she presented the Union Budget 2025.
-
Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced separately, and not as part of the Union Budget to be delivered by Finance Minister Nirmala Sitharaman on Saturday morning.
-
Defeated In Council, Karnataka Temple Tax Bill Passed By Both Houses
A bill that sought to collect funds from temples with over Rs 10 lakh annual income, which was defeated by the opposition BJP-JD(S) combine in the legislative council last week, was taken up for reconsideration and passed by both houses of the legisl
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
Budget 2023: Overseas Holidays May Get Costlier, Hike In TCS Proposed
The Finance Bill, through the Budget 2023-24, amended Section 206C of the Income Tax Act levying a higher Tax Collected at Source (TCS) on overseas tour programme packages.
-
India's New Tax Rule On Crypto Losses "Detrimental," Says Exchange Chief
The government's clarification of disallowing losses incurred in a particular digital asset to be set off against income from another version of a crypto holding is "detrimental for India's crypto industry and the millions who have invested in this emerging asset class," said Ashish Singhal, Co-founder and CEO of CoinSwitch, one of India's top cryp...
