New Income Tax bill explained

New Income Tax Bill: Taxpayers can find the relevant provision through section-wise mapping utility. Check here
Income tax department has launched the new utility to enable taxpayers find the relevant provision in New Income Tax bill by navigating from the old Income Tax Act, 1961
New Income Tax Bill 2025 explained: Top 30 FAQs every taxpayer should check
The new bill aims to simplify tax provisions with clearer language, reducing its length and eliminating redundant sections while consolidating related content for easier understanding and compliance.
India’s New Income Tax Bill 2025: An Overview
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax year.
Income Tax portal now offers section-to-section mapping for new Tax Bill
Taxpayers can now easily compare sections of the Income Tax Act, 1961, with corresponding clauses in the new Income Tax Bill, 2025, through an online utility provided by the tax department. The Section-to-Section mapping has been uploaded on the I-T department’s website for public access.
Employed outside India; here’s how your income tax in India will be impacted as per new tax bill 2025; Experts seek clarification from the tax dept
There has been a slight tweak in the wordings of non-resident clauses. As per the proposed Income Tax bill, 2025 a person who went abroad “for employment outside India” will get the relaxed Indian tax residency clause benefit of 182 days,
Income Tax Bill 2025 - Overview & Key Points
Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital integration for a transparent system.
Kentucky lawmakers send bill to cut the state's income tax to the governor. He supports it.
Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic Gov. Andy Beshear, who has said he supports the tax cut. It continues a downward trend in the personal income tax since the GOP gained full control of the legislature in 2017.
India's new income tax bill proposes broad access to taxpayers' devices, social media accounts
India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which are not covered in the current tax law.
India makes tax filing easier with new Income Tax Bill 2025
Dubai: After raising the no income tax limit for residents to Rs1.2 million, India has now brought out an updated Income Tax Bill – and made the whole process of tax filings much simpler. “The Rs1.2 million tax-free income is a big deal indeed compared to the earlier Rs300,
Worried About Your Tax Bill? Try This to Save Money and Boost Your Retirement Savings
Tax season is upon us once again, and while many Americans can look forward to a refund in the coming weeks, that's not the ...
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 ...
News wrap: New Income Tax Bill 2025, Ranveer Allahbadia Controversy and Delhi Railway station Stampede
From February 9 to 16, significant events included a tragic stampede at New Delhi Railway Station, the introduction of the ...
Beshear signs bill lowering individual income tax in Kentucky
Bookmark this list of noteworthy bills and check back for updates through the 2025 Kentucky legislative session.
College athletes could get tax breaks under new NIL bill: Will it boost Alabama’s recruiting?
If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.
Income Tax Bill 2025 drops inter-corporate dividends; what does this mean for companies
Under Section 80M of the present income tax law, Indian companies are allowed to deduct dividends received from domestic or ...
New Income Tax Bill 2025 Highlights: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
New Income Tax Bill: No changes in capital gains tax structure, but language simplified
Under the new Income Tax Bill, 2025, Clauses 196, 197, 198 will deal with capital gains, and cryptocurrency has now formally ...