The new direct tax code or the new income tax bill may get cabinet approval on Friday, February 7, reported India Today ...

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In order to make the Income Tax Act 1961 more concise and simpler the government is introducing a new income tax bill.

The Income Tax Act review—announced on July 23—was supposed to be completed in six months, which ended on January 23. Can we ...

To a question if any incentives is being considered for the private players in the healthcare sector, K Balasubramanian, ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal says he is confident that direct ...

The Delhi High Court has interpreted the Supreme Court's decision in Union of India v. Rajeev Bansal to elucidate the time ...

After providing a big relief to the Indian middle class in the Union Budget 2025-26, the government is all set to present a ...

The Finance Bill, 2025, introduces significant changes to penalty provisions under the Income Tax Act. Sections 271C, 271CA, 271D, 271DA, 271DB, and 271E will now allow penalties to be imposed by the ...

The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...

For more information, see our expert panel. TaxAct has offered online tax filing services for more than 25 years. This season, it has four online filling plans and desktop software catering to ...