Mint Explainer | New income tax bill: Why was there a need for a new legislation?
The new income tax Bill aims to simplify India's tax law, eliminating redundancies and improving readability without altering ...
New Income Tax Bill mandates sharing ’access codes’ with tax officials during search and seizure, says Report
According to a report, the new tax code bill tabled by Finance Minister Nirmala Sitharaman mandates sharing access codes with ...
New income tax bill: What it could mean for taxpayers and how it can impact them
FM Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the new income tax ...
Income-Tax Bill 2025 vs Direct Tax Code proposals: How are they different
Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...
Substantive changes in the Income Tax Bill 2025
Several redundant Chapters and Sections in the 1961 Act are omitted. The Tax Administration should endeavour to maintaining ...
Swarajya7d
Income Tax Bill 2025: What You Need to Know About The Overhauled Tax Code
The new Income Tax Bill, 2025, consists of 536 sections, 23 chapters, and 16 schedules in just 622 pages—a significant ...
CNET on MSN8d
2025 Federal Tax Brackets: Your Paycheck May Be Bigger. Here's Why
Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...
money.rediff7d
Income Tax Bill 2025: Taxmen Get Power to Override Computer Access Codes
The new Income Tax Bill grants tax officers the authority to override computer system access codes and virtual digital space, ...
ThePrint on MSN7d
Govt’s new income tax bill will require you to share passwords with tax officials during searches
FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Select Committee for review—incorporated ...
No Income Tax For Working Class? Unions Float Radical Proposal
Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.
Trump officials want to rewrite tax season. Cross your fingers and file like normal, experts say.
DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS altogether. But filing a ...
Business Today8d
Income-Tax Bill 2025 vs Direct Tax Code proposals: How are they different
set to replace the six-decade-old Income Tax Act, 1961, brings significant refinements to India’s tax framework. However, unlike the Direct Taxes Code (DTC) proposals of 2009 and 2010 ...