Keeping up with the law making process in Austin can be difficult. That's why we're launching the Texas Lege [Simplified] ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

The proposed law replaces the term 'previous year' used in the Income Tax Act, 1961, with 'tax year.' Additionally, the ...

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in Lok Sabha, aiming to replace the 1961 Act. Set for ...

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...

The new Income Tax Bill, 2025, consists of 536 sections, 23 chapters, and 16 schedules in just 622 pages—a significant ...

Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details) ...

T Bill, likely to be tabled in Parliament on February 13, will have 536 sections and do away with ‘previous year’ concept ...

The simplified Income Tax Bill 2025, which brings in the concept of ‘tax year’ and abolishes the archaic and complicated terms ‘previous’ and ‘assessment years’, is likely to be introduced in ...

India's new Income Tax Bill aims to simplify tax laws, reduce litigation, and improve compliance by eliminating obsolete ...