The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha ...
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 ...
The new RBI Governor Sanjay Malhotra will announce the MPC's interest rate decision on Friday, February 7, 2025.
It will also simplify legal language so that taxpayers can easily understand the provisions. New income tax slabs under the ...