Today, congressional Republicans are pushing tax reform proposals that would cost the country over $5 trillion and would ...

Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 in Lok Sabha, set to replace the Income Tax Act ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

It aims to simplify the existing Income Tax Act, 1961, by making it more structured and easier to understand. If passed, the ...

The New Income Tax Bill 2025 aims to simplify tax laws, improve compliance, and reduce disputes. Key features include ...

During President Trump's first term, he overhauled the tax code with his 2017 Tax Cuts and Jobs Act (TCJA). Many of those ...

The new Income Tax Bill will replace the Income Tax Act. However, not many people are able to understand how the new tax bill ...

By avoiding abrupt policy shifts or tax rate changes, the bill focuses on a predictable fiscal environment for businesses and ...

Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details) ...

Finance Minister Nirmala Sitharaman introduces the Income Tax Bill, 2025, aiming to simplify India's tax system and enhance efficiency.