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

The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...

The proposed law replaces the term 'previous year' used in the Income Tax Act, 1961, with 'tax year.' Additionally, the ...

Sir David Amess's killer Ali Harbi Ali was exited from the Prevent counter-terrorism programme "too quickly", a review into ...

Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...

Furthermore, bill comprises 622 pages, 23 chapters, 16 schedules, and 536 clauses, as per reports. The new bill most likely ...

The Bill, which is likely to be introduced in Parliament on Thursday, has now defined a new concept of ‘tax year’ as the ...

The upcoming Income Tax Bill, set to be introduced in the Lok Sabha on Thursday, proposes replacing the term ‘previous year’ ...

The Income Tax Bill 2025, which introduces the concept of a 'tax year' and eliminates the outdated terms 'previous year' and ...

Utah Jazz head coach Will Hardy gave an eye-opening take on Luka Doncic and LeBron James' new partnership ahead of Doncic's ...

Shorter, simpler and 'crisper' new legislation proposes two more schedules and almost doubles the sections under original ...