The Union Cabinet, led by Prime Minister Narendra Modi, has approved a new Income Tax Bill set to replace the existing Income Tax Act of 1961. The bill is expected to be introduced in Parliament next ...
India Inc. gears up for consumption recovery post-Budget push, interest rate cut, signaling potential for private investment ...
The RBI has pegged its real GDP growth forecast for FY26 at 6.7% compared with the Economic Survey’s estimate of 6.3% to 6.8% ...
The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...
Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then ...
Finance Minister Nirmala Sitharaman said both the government and the Reserve Bank of India will continue to work in a ...
Finance Minister Nirmala Sitharaman to introduce new income tax bill, replacing old I-T Act, after Cabinet approval.
The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.
The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...
Finance Minister expects consumption recovery, while RBI Governor monitors rupee depreciation impact on inflation and ...
Finance Minister Nirmala Sitharaman on Saturday said fiscal and monetary measures announced recently will help boost consumption and promote private investment. The Budget presented by the Finance ...
After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny.