This article discusses some of the key amendments that may be introduced in the upcoming budget to achieve the Finance ...

A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...

The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

Many tax experts expect changes in the income tax slabs under the new tax regime in Budget 2025. This is because the ...

Unlike donations to charitable trusts, there is no form or reporting mechanism under the Income Tax Act, 1961 for donations ...

The Direct Tax Code will overhaul the income tax laws, making them simpler and reducing legal complications and litigation ...

The Delhi High Court recently held that tax liability on income from house property should be affixed to a person who ...

The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...

The Income Tax Act review—announced on July 23—was supposed to be completed in six months, which ended on January 23. Can we ...

Affidavit of service filed today is kept with the record.