To simplify tax law and make it more precise and technology-ready, the Government of India decided to overhaul the existing ...
India's new Income Tax Act and GST reforms in 2025 aim to simplify taxation and boost domestic demand starting April 1.
The new Act reduces complexity by cutting sections from 819 to 536 and chapters from 47 to 23. It applies to income earned ...
Income Tax Act 2025 will replace the 1961 law from April 2026. Learn about key changes, new procedures, and how CBDT is ...
Next year will see the new simplified Income Tax Act, 2025, to come into effect from April 1, replacing the over ...
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax ...