Cabinet Greenlights ₹30,000 Crore Fuel Payout, New I-T Bill, Infra Projects

Cabinet greenlights ₹30,000 crore fuel payout, new I-T bill, infra projects

The revised bill will be tabled in the Lok Sabha on Monday, and incorporates most of the recommendations of a select committee of Parliament.

Nirmala Sitharaman withdraws Income Tax Bill in Parliament; revised version to be tabled on Aug 11

The government in the new Bill has exempted non-profit organisations (NPOs) from taxing anonymous donations received by purely religious trusts.

India’s Historic Tax Reform: A New Era of Clarity and Accessibility – Accountant Log

The Union Finance Minister Nirmala Sitharaman is expected to table the Income Tax Bill, 2025 in Parliament on August 11, marking a significant milestone in India’s tax reform journey. This new Bill aims to replace the existing Income Tax Act of 1961, which has governed the country’s taxation system for over six decades. A landmark move towards modernizing India’s tax administration, the Bill has been widely viewed as a game-changer. The governme…

New Income Tax Bill: The Central Government withdrew the Income Tax Bill from the Lok Sabha, what will happen to the tax slab?

New Income Tax Bill 2025 News in Marathi: An important decision has been taken by the Central Government regarding the Income Tax Bill. In February 2025, a new income tax bill was introduced by the Central Government in the Lok Sabha. However, the bill was withdrawn in the Lok Sabha on Friday (August 9). The bill was brought to Parliament on February 7, and on the same day it was sent to the selection committee for scrutiny. The committee submit…

Government Withdraws Income Tax Bill, Plans Revised Version for August 11

The government has formally withdrawn the Income Tax Bill, 2025, first introduced in February, opting instead to present a revised version in Parliament on Monday, August 11. The original bill, intended to replace the decades-old Income Tax Act of 1961, was pulled back to prevent confusion over multiple drafts. Officials said the move clears the […]