Search For "new income tax bill"
Select Committee report on new Income-Tax Bill presented in Lok Sabha
Updated : 9 months, 3 weeks ago IST
The report of the Select Committee on the new Income-Tax Bill was presented in Lok Sabha on Monday by the panel chairman Baijayant Panda.
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New Income Tax Bill to be taken up for discussion in monsoon session: FM S
Updated : 1 year, 2 months ago IST
Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday said that the new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament.
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Meeting of Select Committee of Lok Sabha to examine new Income Tax Bill un
Updated : 1 year, 2 months ago IST
A meeting of the Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, to examine the Income-Tax Bill 2025 is underway at the Parliament House Annexe in the national capital on Wednesday.
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Claims that new powers being introduced in new income tax bill incorrect:
Updated : 1 year, 2 months ago IST
In the July 2024 Budget, the government had proposed a comprehensive review of the Income-tax Act, 1961. The purpose was to make the Act concise and lucid and reduce disputes and litigation.
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Meeting of Select Committee of Lok Sabha to examine new Income Tax Bill un
Updated : 1 year, 2 months ago IST
In today's meeting, the Committee has summoned the Institute of Chartered Accountants of India (ICAI) and Ernst & Young (E&Y). The committee will soon record the oral evidence of representatives of ICAI and EY.
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Baijayant Panda to chair Select Committee on Income-Tax Bill
Updated : 1 year, 3 months ago IST
This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday, seeks to replace the existing Income Tax Act, 1961 and introduce changes that affect different categories of taxpayers, including individuals, businesses, and non-profit organisations.
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Sitharaman did not reply to issues raised by me during budget debate: Ragh
Updated : 1 year, 3 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.
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I was not allowed to even reply to her questions: Raghav Chadha on Nirmala
Updated : 1 year, 3 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
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Lok Sabha, Rajya Sabha adjourned till March 10 as first part of Budget ses
Updated : 1 year, 3 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.
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FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like
Updated : 1 year, 3 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.
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"New bill will make lives of India's taxpayers much easier": BJP MP Tejas
Updated : 1 year, 3 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.
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New Income Tax Bill more complicated than previous one, says Congress MP M
Updated : 1 year, 3 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
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