Income Tax Law
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Major Income Tax Changes From April 1: HRA, ITR, Meal Cards, Form 130 Explained
India's tax framework is set for a major overhaul, with the decades-old Income Tax Act, 1961, being replaced by the new Income Tax Act, 2025.
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New Income Tax Law From April 1: Meal Card, ITR, PAN Changes You Must Know
Your income tax slabs don't change. What changes is how income, deductions, salary, capital gains and disclosures are reported, verified and filed.
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Supreme Court Refuses Plea Over 'Invasive' Seizure Powers For Tax Officials
The Supreme Court on Monday refused to hear a public interest litigation, or PIL, against a new law allowing Income Tax Department officers to search and seize personal electronic devices.
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Union Budget 2026: What Is The New Income Tax Act, 2025, Coming On April 1
The Income Tax Act, 2025 will come into force from April 1, Finance Minister Nirmala Sitharaman said. It will replace the six-decade-old tax framework, with rules and tax forms to be notified soon
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Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
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Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
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Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
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Income Tax Bill 2025 Withdrawn, New Version To Be Introduced On Monday
The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been formally withdrawn.
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New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP MP and Chairman of the Finance Select Committee, Baijayant Jay Panda said that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or rates.
-
Major Income Tax Changes From April 1: HRA, ITR, Meal Cards, Form 130 Explained
India's tax framework is set for a major overhaul, with the decades-old Income Tax Act, 1961, being replaced by the new Income Tax Act, 2025.
-
New Income Tax Law From April 1: Meal Card, ITR, PAN Changes You Must Know
Your income tax slabs don't change. What changes is how income, deductions, salary, capital gains and disclosures are reported, verified and filed.
-
Supreme Court Refuses Plea Over 'Invasive' Seizure Powers For Tax Officials
The Supreme Court on Monday refused to hear a public interest litigation, or PIL, against a new law allowing Income Tax Department officers to search and seize personal electronic devices.
-
Union Budget 2026: What Is The New Income Tax Act, 2025, Coming On April 1
The Income Tax Act, 2025 will come into force from April 1, Finance Minister Nirmala Sitharaman said. It will replace the six-decade-old tax framework, with rules and tax forms to be notified soon
-
Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
-
Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
-
Income Tax Bill 2025 Withdrawn, New Version To Be Introduced On Monday
The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been formally withdrawn.
-
New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP MP and Chairman of the Finance Select Committee, Baijayant Jay Panda said that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or rates.
