A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...
Kentucky Gov. Andy Beshear signed a bill into law which will reduce the personal income tax for millions of Kentuckians.
Nobody likes learning about unexpected tax liabilities at the last minute, but paying with cash isn’t your only option.
The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...
The Union Cabinet is expected to approve the new Income Tax Bill on February 7, 2025, potentially leading to its introduction ...
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The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...
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India Today on MSNCabinet clears new income tax bill, likely to be tabled in Lok Sabha Monday: SourcesThe new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
The Finance Secretary reportedly that the income tax bill prioritises simplification and will focus on lowering penalties for ...
Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the term “Assessment Year” with “Tax Year”, eliminating British era references ...
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