Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...

A New Era for Taxation & Personal Finance in India As India eagerly awaits the announcement of Budget 2025 on February 1st, ...

The Direct Tax Code will overhaul the income tax laws, making them simpler and reducing legal complications and litigation ...

The Direct Tax Code 2025 is a highly anticipated reform in India's tax system, promising a more streamlined, transparent, and ...

Finance minister Nirmala Sitharaman plans to introduce a bill for a new direct tax law during the budget session. The focus ...

This year, with the new Direct Tax Code set to be unveiled in the upcoming Union Budget, there is a unique opportunity to ...

Indian businesses and foreign investors hope that the Government will continue with this streak and focus on a simple, ...

The Income Tax Act in India is fairly complicated and the Indian government has reportedly been working towards introducing a new tax system which is more user friendly and understandable.

The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is ...

The direct tax code (DTC) aims to simplify India's intricate tax system, making it more accessible and easier to follow.