Search For "income tax"
Sitharaman did not reply to issues raised by me during budget debate: Ragh
Updated : 1 year, 4 months ago IST
Aam Aadmi Party (AAP) MP Raghav Chadha on Friday alleged that Union Finance Minister Nirmala Sitharaman did not reply to several issues raised by him during debate on Union Budget and that he stands by the example he gave on the tax rebate given by him.
Read More
I was not allowed to even reply to her questions: Raghav Chadha on Nirmala
Updated : 1 year, 4 months ago IST
Minister Sitharaman, earlier on Friday, tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernise definitions, and provide more clarity on various tax-related matters. It seeks to replace the existing Income Tax Act, 1961 and introduce changes that affect different cat
Read More
Opposition members allege Union Budget overlooks demands of non-BJP ruled
Updated : 1 year, 4 months ago IST
Opposition members slammed provisions of the Union Budget, saying demands of non-BJP-ruled states were overlooked, while BJP members rejected the allegations and said Finance Minister Nirmala Sitharaman's announcements will ensure inclusive and faster development
Read More
Lok Sabha, Rajya Sabha adjourned till March 10 as first part of Budget ses
Updated : 1 year, 4 months ago IST
Lok Sabha and Rajya Sabha were adjourned till March 10 on Thursday with the JPC report on the Waqf Amendment Bill tabled in Parliament and the two Houses completing debate on the Union Budget with Finance Minister Nirmala Sitharaman replying to marathon discussion.
Read More
FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like
Updated : 1 year, 4 months ago IST
The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters.
Read More
"New bill will make lives of India's taxpayers much easier": BJP MP Tejas
Updated : 1 year, 4 months ago IST
Bharatiya Janata Party (BJP) Lok Sabha MP Tejasvi Surya on Thursday praised the new Income Tax Bill, stating that the legislation will make the lives of India's taxpayers much easier.
Read More
New Income Tax Bill more complicated than previous one, says Congress MP M
Updated : 1 year, 4 months ago IST
"The Union Finance Minister had said that the new Income Tax Bill will be simpler than the previous bill. In the previous Bill, there were 296 sections. In the new Bill, there are more than 500 sections. In the previous Bill, there were 5 schedules. In the new Bill, there are 14 schedules
Read More
India's direct tax collections surge 19.06 pc YoY to Rs 21.88 lakh cr as o
Updated : 1 year, 4 months ago IST
India's direct tax collections have witnessed a robust growth of 19.06 per cent year-on-year (YoY), reaching Rs 21.88 lakh crore in the financial year 2024-25 (up to February 10, 2025), as per the latest data released by the Income Tax Department.
Read More
New Income Tax bill likely to be introduced in Lok Sabha on Thursday
Updated : 1 year, 4 months ago IST
Sitharaman had said in her budget speech on February 1 that the bill will be soon introduced in Parliament
Read More
Income tax relief, repo rate cut to boost recovery in consumption: Sithara
Updated : 1 year, 4 months ago IST
Income tax relief provided for in the Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala Sitharaman.
Read More
Balochistan's new agricultural income tax bill sparks opposition from farm
Updated : 1 year, 4 months ago IST
The Balochistan Assembly has recently passed the "Balochistan Tax on Land and Agricultural Income Bill," which imposes an income tax of up to 45 per cent on agricultural earnings. This new tax has sparked strong opposition from farmers' organisations, with many calling it an anti-farmer poli
Read More
We gradually healed the wounds of middle class: PM Modi on new tax exempti
Updated : 1 year, 5 months ago IST
"In the last 10 years, we have enhanced savings of the middle class by reducing Income Tax. Before 2014, such 'bombs' were hurled and 'bullets' were shot, that it affected the lives of people. We gradually healed those wounds and moved forward," the PM said.
Read More