India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

KEY TAKEAWAYS The Federal Reserve kept interest rates higher than usual in 2024, making savings accounts more profitable and, ...

Kansas Senate Republicans announced their intention to end taxes on tipped income, but it might be irrelevant if the federal ...

The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, in ...

The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

The Finance Minister recommended that the bill be sent to a select committee of Parliament for further scrutiny, with the committee's report due on the first day of the next session. Responding to ...

Over six decades of amending the income tax law has made it an unwieldy legislation, increasing the incidence of litigation.

Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...

The middle class is often a forgotten segment of the population, says Sen. Mike Yakawich, a Billings Republican.

The newly introduced Income Tax Bill seeks to simplify tax legislation by minimizing litigation and interpretation, reducing the word count, sections, and chapters significantly from its 1961 ...