The Lok Sabha Select Committee is seeking input on the Income-Tax Bill, 2025, from experts and stakeholders, setting a ...

A Parliamentary panel is inviting expert suggestions on the Income Tax Bill-2025, aimed at simplifying current tax laws.

There is no tax on income of Rs 12 lakh or less, and salaried taxpayers can get tax exemption of up to Rs 12.75 lakh because of a Rs 75,000 standard deduction.

The revisions introduced under the new tax regime is aimed to make the new regime easier, cut down on paperwork, and minimise ...

With the appointment of four new secretaries, the Finance Ministry has, in recent months, witnessed an unusually high ...

A Parliamentary panel examining the Income Tax Bill has invited suggestions from experts on the draft legislation that seeks to simplify income tax laws. The Select Committee of Lok Sabha on the ...

The Central Board of Direct Taxes (CBDT) has officially clarified that no tax will be deducted at source (TDS) on withdrawals ...

The chorus in India's fintech industry has been growing louder with the payment gateways, banks demanding abolishment of MDR ...

By Sujit Bhar As India’s business atmosphere gets murkier by the day, as manufacturing-related productivity is set to virtually collapse in a heap, and as foreign investment turns into a trickle, the ...

A rise in unsecured credit among a consumer group that symbolises the country’s investment potential is hurting its economic ...

Union Finance Minister Nirmala Sitharaman during her address at the 150-year celebrations of BSE, shared a message for all ...

UPI too falls under the purview of income tax laws and the department monitors these transactions, ensuring compliance.