Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...

In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the ...

Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...

The draft Income-Tax Bill, 2025 has been circulated among Members of Parliament and is expected to be tabled in Parliament on ...

A surge in support to end the freeze and raise the lowest rate from £12,570 to £20,000 will be considered for a Westminster ...

One significant amendment in the revised Income Tax Bill is the introduction of the term 'tax year', which replaces the ...

Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have ...

The New Income Tax Bill aims to simplify and modernize India’s tax structure, making compliance easier for taxpayers while ...

Support soars for petition meaning that MPs could debate tax freeze which is 'unfairly targeting the poorest paid' in Commons ...

The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...

The new Income Tax bill is set to introduce the concept of 'Tax Year'. This will replace the current concept of assessment ...