The news report indicates that the government can bring a new income tax bill in the Budget 2025 session of the Parliament.
The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is ...
Finance Minister Nirmala Sitharaman will introduce a new Income Tax Bill next week, modelled on the Direct Tax Code. The aim ...
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...
itharaman emphasized that the new code would not only simplify the complex provisions of the current tax laws but also ...
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and cut the Income Tax Act, 1961's page-count by as much as 60 per cent.
The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...
Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...
The new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next ...
The government will introduce the Direct Tax Code (DTC) separately, rather than including it in the Union Budget 2025, which Finance Minister Nirmala Sitharaman is set to present on Saturday (1 ...