New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...

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

The Supreme Court on January 7 set aside the Gujarat High Court's judgment dated March 21, 2017, through which the rejection to the compounding application of the Appellant for the assessment ...

Ans: As noted above, the total words in the new Income Tax Bill, 2025 are around 2.6 lakhs, as against 5.12 lakh words in the ...

Kerala High Court held that recovery of tax arrears by income tax department from property that was already auctioned by Kerala General Sales Tax Act, 1963 [KGST] to realize tax payable under KGST is ...

Section 139 covers income tax return filing and the new tax regime is provided for under Section 115BAC. 4.No change in residency laws As per reports, the New Income Tax Bill will not change the ...

Onity Group Inc. (NYSE: ONIT) ("Onity" or the "Company") today announced its full-year and fourth quarter 2024 results and provided a business ...

Shefali Mundra, Tax Expert at ClearTax, outlined key expectations: Simplified residence rule: Rules for determining residential status will be easier to understand. Fewer provisions: The bill will ...

Just days after Governor Greg Abbott laid out his priorities for lawmakers in his State of the State address, Senate ...

New Delhi [India], February 11 (ANI): The new Income Tax ... the Act concise and lucid and reduce disputes and litigation. Sitharaman had said in her budget speech on February 1 that the bill will be ...