The news report indicates that the government can bring a new income tax bill in the Budget 2025 session of the Parliament.

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

The government will introduce the Direct Tax Code (DTC) separately, rather than including it in the Union Budget 2025, which ...

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 ...

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

The government is set to overhaul India's tax system with the introduction of the Direct Tax Code (DTC), aimed at simplifying compliance, reducing ambiguities, and boosting digital integration. While ...

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

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about ...

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