Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...
What Is Direct Tax Code And How It Is Different From Income Tax Act?
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...
'Can we start 5% tax on Rs 50 lakh income...': Netizens request FM for tax simplification
There have been concerns raised by taxpayers and netizens regarding the unequal taxation of wealthy farmers when compared to ...
India Today on MSN2d
Budget 2025: Will Income Tax Act get simpler? Changes to watch out for
The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...
english.mathrubhumi11h
Explained: Why a simpler Income Tax Act is expected in Budget 2025
The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...
‘Back to the Old Days’? What’s Wrong With Trump’s Plan to Abolish Income Tax
The likelihood of Trump eliminating income tax and the IRS remains low, but the ongoing debate highlights the need for tax ...
The Financial Express5d
Budget 2025: Govt may replace Income Tax Act, 1961 with THIS new law! What it means for taxpayers
The Direct Tax Code will overhaul the income tax laws, making them simpler and reducing legal complications and litigation ...
Indiana Senate approves income tax cut. Here's how much you would save.
Senate Bill 451 from Republican Sen. Travis Holdman could lower Indiana's income tax rate further starting in 2030, but it ...
Trump proposes abolishment of federal income tax, bringing US back to 'richest period' in history
President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...
Tax Guru11h
HC Stays Income Tax Notice for Non-Compliance with Automated Allocation U/s. 151A
Vs Union of India & Ors., the petitioner challenged a notice issued under Section 148 of the Income Tax Act, 1961. The notice, intended to reopen the assessment for the year 2020-2021, was contested ...