Notifications

The Central Board of Direct Taxes (CBDT) has amended the guidelines for setting up an Infrastructure Debt Fund via issuing a Notification.

CBDT amends Guidelines for setting up an Infrastructure Debt Fund [Read Notification]

CBDT has notified the rules for Presumptive scheme for NR engaged in business of operation of cruise ships via issuing a Notification.

CBDT notifies rules for Presumptive Scheme for NR engaged in Business of operation of Cruise Ships [Read Notification]

News

The Union Cabinet has approved the New Income Tax Bill on Friday, paving the way for its introduction in Parliament during the budget session that is ongoing.

Tax Reform 2025: New Tax Bill Approved; Will the New Tax Law increase Tax Burden?

The Union Cabinet approved the new income tax bill on Friday, replacing the six-decade-old Income Tax Act, according to sources.

Union Cabinet Clears New Income Tax Bill

The new income tax bill 2025 will include a unique feature that would eliminate the need to wait for the budget for income tax reliefs or change the Income Tax Act,

New Income Tax Bill might remove need for Budget for Tax Relief; says report

The Union Cabinet is expected to approve the New Income Tax Bill on February 7, 2025, possibly leading to its introduction in the Lok Sabha on February 10 during the ongoing Budget Session.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

CBDT amends Guidelines for setting up an Infrastructure Debt Fund [Read Notification]

CBDT notifies rules for Presumptive Scheme for NR engaged in Business of operation of Cruise Ships [Read Notification]

Tax Reform 2025: New Tax Bill Approved; Will the New Tax Law increase Tax Burden?

Union Cabinet Clears New Income Tax Bill

New Income Tax Bill might remove need for Budget for Tax Relief; says report

New Income Tax Bill may get Cabinet Approval Today: Here's What You Need to Know?