In the general budget, she can announce the Direct Tax Code (Direct Tax Code 2025). This new law will replace the Income Tax Act, of 1961 (Income Tax Act). The purpose of bringing DTC is to ...

brings significant refinements to India’s tax framework. However, unlike the Direct Taxes Code (DTC) proposals of 2009 and 2010, which sought a complete tax overhaul, the new bill largely ...

The Parliamentary panel on Direct Taxes Code in its report tabled in Lok Sabha today has suggested raising the income tax exemption limit to Rs 3 lakh. Amitabh Chaudhry, managing director and ...

Despite its popularity, the IRS Direct File’s fate remains unclear as Elon Musk and DOGE cleave their way through federal ...

The inclusion of CS as an Accountant under the Income-Tax Bill 2025 is not just a matter of professional equality but a ...

hosted a seminar on "Direct Tax Code vs Income Tax Act 1961 - Key Differences and Challenges", where taxation experts highlighted gaps in the newly introduced Direct Tax Code 2025 and emphasised ...

This bill is expected to be based on the Direct Tax Code (DTC), which aims to replace the existing Income Tax Act of 1961 and streamline tax compliance for individuals and businesses alike.

It doesn’t have to be this way. A simple change to the tax code—making direct payments to faculty and graduate students tax-deductible, just like donations to universities—could strengthen scholarship ...

Legal experts in Kolkata advocate for the new direct tax code to address tax disputes, enhancing the exchequer and business stability. The high volume of pending cases emphasizes the urgency for ...