Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...
WASHINGTON, DC - FEBRUARY 13: A sign for the Internal Revenue Service (IRS) is seen outside its building on February 13, 2025 in Washington, DC. Members of Elon Musk's Department of Government ...
Direct taxes: The upcoming Union Budget 2025-26 in India is expected to bring about a new era of tax simplification, with the Finance Ministry focusing on comprehensive reforms to streamline the ...
NEW DELHI, Aug 30 (Reuters) - India's government on Monday introduced a bill in parliament to overhaul its archaic direct tax laws, a key reform aimed at simplifying procedures for investors and bring ...