G.S.R. 125 (E).— In exercise of the powers conferred by section 285 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...

The objective of the new Bill is to streamline the Income Tax Act, making it more succinct, understandable, and user-friendly ...

Year ended December 31, 2024, gross profit and aggregates gross profit per ton include $20 million, or $0.10 per ton, ...

Earnings Growth and Margin Expansion Resumed in the Fourth Quarter Achieved Full-Year Records for Aggregates Revenues, Gross Profit and Unit Profitability Completed Aggregates ...

The bill will also replace verbose definitions with formulas and simplify the tax statute, two persons familiar with the development said. Currently, the Income Tax Act refers to the year of ...

New Income Tax Bill Latest News incometax.gov.in (February 13): The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961. New Income Tax Bill ...

The Income Tax Bill 2025, has 57 tables, compared to 18 in the existing I-T Act of 1961 and removed 1,200 provisos and 900 ...

The effective capital expenditure in this Budget is projected at Rs. 15.49 lakh crore as against Rs. 13.18 lakh crore in the ...

What is the New Income Tax Bill? The New Income Tax Bill 2025 is a proposed legislation aimed at simplifying and modernizing India's income tax system. The bill focuses on several key reforms ...

The Rajya Sabha and Lok Sabha were adjourned on Thursday till 11 am, March 10, when proceedings will resume for the second ...

The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have released a notice of intent to propose regulations and ...

ST. PAUL, Minn. – Legislation has been introduced to buy and forgive the medical debt of hundreds of thousands of Minnesota ...