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      Parliament passes new Income Tax Bill

Parliament passes new Income Tax Bill

Parliament on Tuesday passed the new Income Tax Bill with the Rajya Sabha clearing it by a voice vote.


      
      New IT Bill provides flexibility for refunds if return filed late

New IT Bill provides flexibility for refunds if return filed late

The new Income Tax bill, which was passed by Lok Sabha on Monday, provides flexibility for allowing refund claims...


      
      Lok Sabha passes new Income Tax Bill without debate

Lok Sabha passes new Income Tax Bill without debate

Lok Sabha on Monday passed the new Income Tax Bill without debate, hours after it was introduced in the House by...


      
      New Income Tax Bill introduced in Lok Sabha

New Income Tax Bill introduced in Lok Sabha

Finance Minister Nirmala Sitharaman on Monday introduced a new Income Tax Bill in Lok Sabha to consolidate and amend...

      
      Government withdraws Income-Tax Bill 2025 from LS

Government withdraws Income-Tax Bill 2025 from LS

"A new version of the Income Tax Bill, incorporating most of the recommendations made by the Select Committee...


      
      Finance Minister honors Tax officers for outstanding service

Finance Minister honors Tax officers for outstanding service

Finance Minister Nirmala Sitharaman honored several Income Tax officers for their exceptional contributions to the...

      
      Aim is to reduce litigation: PP Chaudhary on IT Bill 2025

Aim is to reduce litigation: PP Chaudhary on IT Bill 2025

The proposed IT bill has 23 chapters and 536 provisions, a huge reduction from the earlier 47 chapters and 819...


      
      New IT bill improves ease of doing business: Deora

New IT bill improves ease of doing business: Deora

"I congratulate the Finance Minister for introducing the New Income Tax Bill, and I say new because the existing...


      
      MP Arun Bharti calls Income Tax Bill 2025 a

MP Arun Bharti calls Income Tax Bill 2025 a "historic move"

Lok Sabha MP Arun Bharti lauded the Income Tax Bill, 2025, presented in Parliament, calling it a landmark step...

      
      New Income Tax Bill to promote MSMEs; enable youth to start new b

New Income Tax Bill to promote MSMEs; enable youth to start new b

"The impact of simplifying the Income Tax Act will be on youth who want to start new businesses, small...


      
      New Income Tax bill halves word count, eases compliance: Panda

New Income Tax bill halves word count, eases compliance: Panda

BJP Member of Parliament and Chairman of the Finance Select Committee, Baijayant Jay Panda on Tuesday reflected upon...

      
      Parl panel recommends ease in refunds to small tax payers

Parl panel recommends ease in refunds to small tax payers

In its report, the panel has suggested important changes to tighten definitions, remove ambiguities, and align the...
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