Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...

The Income Tax Gazetted Officers’ Association and Employees Federation have characterised the tax targets as irrational and ...

A parliamentary panel has suggested time-bound resolution of tax litigations as part of its 285 recommendations on the Income Tax Bill, 2025. The bill, aimed at simplifying and modernizing tax laws, ...

No rate cuts, fewer tweaks: tax experts want FM to focus on fixing everyday pain points that continue to trouble taxpayers ...