The new income tax Bill aims to simplify India's tax law, eliminating redundancies and improving readability without altering ...

The New Income Tax Bill aims to simplify and modernize India’s tax structure, making compliance easier for taxpayers while ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

Section 194-I of the Act requires that any person, not being an individual or a Hindu undivided family, who is responsible for paying to a resident any income by way of rent, shall deduct income-tax ...

The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

The Rajya Sabha witnessed chaos on Thursday as opposition parties protested following the tabling of the Joint Parliamentary ...

Section 194BB of the Act requires that any person, being a bookmaker or a person to whom a license has been granted by the Government under any law for the time being in force for horse racing in any ...

The new year is already heralding significant tax innovations in Israel in general, and in real estate taxation in particular. Following ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...