Tag: Tax reforms
New Income Tax Bill 2025 to Replace Income Tax Act-1961
The Union Cabinet has recently given the green light to a groundbreaking new Income Tax Bill in 2025, poised to replace the long-standing Income Tax Act of 1961. This significant move aims to revolutionize...
2025 Budget Expectations: Will Nirmala Sitharaman Lower Income Tax Rates for GDP Growth?
Budget 2025 Expectations: Will Nirmala Sitharaman Lower Income Tax Rates for GDP Growth?With the Union Budget 2025 right around the corner, there are high hopes and expectations from various sectors of the economy. One...