Income Tax department

New Income Tax Bill Business

Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses

The much-anticipated new income tax bill will replace terminologies like assessment and previous year with easier to understand 'tax year' as part of move to s...

By NewsDrum Desk
Feb 12, 2025 17:53 IST 4 Min read
Nirmala Sitharaman Union Budget 2025 Business
Nil tax for individuals earning up to Rs 12 lakh annually under new regime: FM
By NewsDrum Desk
Feb 01, 2025 12:53 IST 2 Min read
Salary Hike Salary Increase Business
No income tax up to Rs 12 lakh; check revised tax slabs under new tax regime
By NewsDrum Desk
Feb 01, 2025 12:47 IST 1 Min read
Nirmala Sitharaman Union Budget 2025 Business
Govt to introduce new Income Tax bill in Parliament next week: FM
By NewsDrum Desk
Feb 01, 2025 12:24 IST 2 Min read
reporters collective National
The Reporters' Collective loses non-profit status, Congress attacks Modi govt
By Shailesh Khanduri
Jan 28, 2025 20:18 IST 1 Min read
Direct Income Tax Collection Rupee Currency Notes National
Delhi polls: I-T department notifies control room to check black money
By NewsDrum Desk
Jan 08, 2025 10:51 IST 1 Min read
Income Tax Returns ITR GST Tax Evasion Business
CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS
By NewsDrum Desk
Dec 17, 2024 17:14 IST 2 Min read
ITR Filing Income Tax Return Business
Only 6.68% of population filed income tax return in 2023-24 fiscal
By NewsDrum Desk
Dec 17, 2024 16:43 IST 1 Min read
ITR Filing Income Tax Return Business
Simplify ITR forms, bring 'one rate one section' for TDS: Deloitte survey
By NewsDrum Desk
Dec 04, 2024 16:18 IST 2 Min read
Income tax raid.jpg Business
Govt extends Income Tax audit report filing date to Oct 7
By NewsDrum Desk
Sep 30, 2024 12:20 IST 1 Min read
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