Scrapping archaic provisions and simplifying language are welcome. But systemic issues affecting taxpayer morale must also be ...

Debt mutual funds, with over 65% of investments in debt and money market instruments, have varying tax treatments based on ...

The Income-Tax Bill 2025 proposes cutting down the number of sections by almost half, from 819 to 536, eliminating redundant exemptions, and reducing the total word count from 5 lakh to 2.5 lakh. One ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?

In tax legislation, sections are individual provisions that outline specific rules, obligations or rights, and serve as the ...

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...

Many taxpayers are awaiting the draft of the new income tax bill 2025. The government has said the new income tax bill is being brought to simplify the changes and reduce the litigation. However, ...

A critical aspect of evaluating the flat tax system in India is understanding its fiscal feasibility and the steps necessary for its implementation. Given that India’s direct tax-to-GDP ratio hovers ...

Anonymous: Sir, I'm unemployed & for trading my parents gave me Rs 5.8 lakh and I've made a loss of Rs 2.52 lakh, since money ...

A well-structured, targeted tax relief system is crucial to enhance economic inclusivity, stimulate demand, and position India as a globally competitive market ...