The Indian Express5d
New Income-Tax Bill: Simplified, shorter, new concept of ‘tax year’
“Further, as the old income tax Act was amended several times over the course of the past ... After this, the Bill will return to Parliament, and then the government will take a call on its rollout ...
Business Today5d
Income Tax Bill 2025 vs Income Tax Act 1961: What all has changed under the new bill; check FAQs
Finance Minister Nirmala Sitharaman presented the Income Tax Bill for the year 2025 in the Lok Sabha last Thursday. The proposed reforms aim to simplify and modernise the current tax legislation.
Mint4d
New Income Tax Bill 2025 Highlights: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
Spanning 622 pages, the new I-T Bill 2025 and aims to replace the 60-year-old Income Tax Act of 1961 and once passed ... The time frame for filing updated returns is extended from two to four ...
New Income Tax Bill 2025: Tax deadlines, belated return, revised return -- here's what the draft bill says
The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...
Business Today6d
New Income Tax Act retains focus on simplification of language, removes obsolete provisions
According to sources, the intent of the move remains to make the current Income Tax Act, 1961 easy to understand and comprehend for taxpayers and any tax changes will continue to be presented in ...
Income Tax Bill 2025: I-T department launches self-mapping tool to compare old act, new bill
The Income Tax Department has made available a comprehensive comparison tool on their website, detailing the correlation ...
The Financial Express6d
New Income Tax Bill: Key provisions in the bill taxpayers need to know
The New Income Tax Bill — to be called the Income-Tax Act, 2025, once passed – is set to be presented in Parliament on February 13, and aims to replace the six-decade-old Income Tax Act of 1961.
Accounting Today7h
Expect a tempest in tax under Trump
From the International Revenue Service to international issues, the second Trump administration promises plenty of change in ...
The Journal News5d
Where’s my refund? How to track your tax refund status
Here’s what to know about filing your 2024 tax return: The Internal Revenue Service started accepting federal tax returns in late January. Federal income tax returns are due on Tuesday ...
Newsweek3d
IRS Tax Returns: Average 2025 Refund Seeing Modest Bump, Data Reveals
Languages: English. Tax season started on January 27 and ends April 15, marking two weeks now that Americans have been able to file their returns, which the IRS advises can take up to three weeks ...
WTHR5d
Indiana property tax reform bill shifts from slashing taxes to limiting future growth
So if your home is worth $200,000 and the tax rate is 4%, you'll owe $8,000 ... The dollar amounts under the amended SB 1 are dramatically lower than they were in the introduced version. The LSA ...
Why You May Owe More Tax Soon on Popular Employee Benefits
The proposal is estimated to save $50 billion in spending over 10 years. Kate is a CPA with experience in audit and ...