India's new Income Tax Act, 2025, will replace the 1961 law from April 1, 2026. Learn about key changes, including the "tax year" concept and simplified ...

The Income-Tax Act, 2025 replaces the 1961 law, aiming to simplify compliance, enhance transparency, and align with global tax standards in ...

The Income Tax Bill, 2025, recently passed and published in the Official Gazette, replaces the Income Tax Act, 1961. Coming ...

How did the Income Tax Department complete the “mammoth” task of rationalising and simplifying the huge Income Tax Act 1961 ...

The Income Tax Bill 2025 also stirred debate among taxpayers due to some proposals. One of them is – expanding discretionary ...

Finance Minister Nirmala Sitharaman, while piloting the bill in the Rajya Sabha, said the new law does not impose any fresh ...

On the privacy concerns of the seized digital data during searches, surveys and seizure under the new I-T Act, Parbat said ...

The legislation was passed in the Parliament last week and is aimed at consolidating and updating India’s income tax ...