Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...
NEW DELHI, Aug 30 (Reuters) - India's government on Monday introduced a bill in parliament to overhaul its archaic direct tax laws, a key reform aimed at simplifying procedures for investors and bring ...
Finance Minister Nirmala Sitharaman will present the budget on 1 February 2025. In the general budget, she can announce the Direct Tax Code (Direct Tax Code 2025). This new law will replace the Income ...