MUMBAI: The new Income Tax Bill has no changes in the rate structures, nor are there any changes in the capital gains tax ...

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One significant amendment in the revised Income Tax Bill is the introduction of the term 'tax year', which replaces the ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

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The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

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New Income Tax Bill is expected to come into effect on April 1, 2026. The bill aims to simplify tax laws, remove outdated provisions, and make compliance easier for taxpayers.