New Income Tax Bill is expected to come into effect on April 1, 2026. The bill aims to simplify tax laws, remove outdated provisions, and make compliance easier for taxpayers.

Prime Minister Narendra Modi arrived here on a two-day visit to hold high-stakes talks with President Donald Trump in the ...

The simplified Income Tax bill 2025, which brings in the concept of 'tax year' and abolishes the archaic and complicated terms 'previous' and 'assessment years', is likely to be introduced in ...

Finance Minister Nirmala Sitharaman is expected to introduce a comprehensive new Income-Tax Bill 2025, aimed at simplifying ...