The 31-member committee will be headed by BJP MP Baijayant Panda and will include members from across party lines.

Definitions, provisions and explanations have all been simplified. This will reduce the scope for litigation and make the Act ...

The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...

Finance Minister Nirmala Sitharaman tabled the new Income Tax Bill 2025 in Lok Sabha on Thursday. The minister moved a motion ...

The Mood of the Nation opinion poll shows that the Congress-led INDIA bloc, which punched above its weight to win 232 seats ...

The bill is expected to streamline existing provisions and simplify compliance for taxpayers. For more on what to expect from ...

Lok Sabha and Rajya Sabha were adjourned till March 10 on Thursday with the JPC report on the Waqf Amendment Bill tabled in Parliament and the two Houses completing debate on the Union Budget with ...

Union Finance Minister Nirmala Sitharaman tables the new Income-Tax Bill 2025 in Lok Sabha. The I-T bill was announced during her Budget speech on February 1 and was approved by the Cabinet on ...

Union Finance Minister Nirmala Sitharaman presenting the Union Budget in Parliament (Photo: PTI) Parliament Budget Session ...

A new income tax bill, which received approval from the Union Cabinet on Friday, is likely to be introduced today.

Sharp exchanges in Lok Sabha over inclusion of Sanskrit for interpretation, sparking debate on linguistic heritage and taxpayer money.