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I-T Bill: Panel Proposes Key Changes

July 22, 2025

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The New Indian Express Hyderabad

LS panel recommends over 30 key changes including in definitions, deductions, among others

- DIPAK MONDAL @New Delhi

The 31-member select committee of Lok Sabha on the Income Tax Bill, 2025 has recommended over 30 key changes in the bill, suggesting changes in definitions, clarification on various deductions as well as reinstatement of a few provisions dropped in the bill. The report by the committee headed by BJP leader Baijayant Panda was presented in the Lok Sabha on Monday.

The Committee has suggested changes in definition of capital asset, infrastructure capital company, MSME, while clarifying property-related deductions, and reinforcing the 'actual payment' rule for business expenses.

المزيد من القصص من The New Indian Express Hyderabad

The New Indian Express Hyderabad

The New Indian Express Hyderabad

Looking Backward, Moving Forward

Yesterday, I did something uncharacteristic. Stepping away from the familiar bustle of London, I wandered into Rotherhithe. In the churchyard of St. Mary’s, I encountered a statue that made me stop in awe.

time to read

2 mins

October 26, 2025

The New Indian Express Hyderabad

The New Indian Express Hyderabad

Satish Shah of ‘Jaane Bhi Do Yaaro’ fame dies of kidney ailments at 74

ETERAN actor Satish Shah, known for his comedy performances in films and television, passed away due to kidney-related complications in Mumbai. He was 74.

time to read

1 mins

October 26, 2025

The New Indian Express Hyderabad

The New Indian Express Hyderabad

Frescoes of a Forgotten Facade

This Nawalgarh haveli is a confluence of Rajasthani architecture and European design

time to read

2 mins

October 26, 2025

The New Indian Express Hyderabad

The New Indian Express Hyderabad

'We All Belong to the Same Roots'

Filmmaker Rishab Shetty speaks to Shama Bhagat about the grand prequel, Kantara Chapter 1, and what it's like to wear many creative hats

time to read

3 mins

October 26, 2025

The New Indian Express Hyderabad

His Second Shot

Nishil Sheth reflects on his inspiring journey from working in independent cinema to making his OTT debut with 13th

time to read

2 mins

October 26, 2025

The New Indian Express Hyderabad

The New Indian Express Hyderabad

A Rhythm for Reverence

Lavani Ke Rang breaks Lavani away from the popular perception that it is obscene and vulgar, while retaining its sensual spirit

time to read

3 mins

October 26, 2025

The New Indian Express Hyderabad

Link between diabetes & brain health under lens

IT isa known fact that diabetes affects multiple body parts, including the heart, kidneys, eyes, nerves, and feet. But does it influence cognitive decline and neurological diseases, including dementia and Alzheimer’s disease?

time to read

2 mins

October 26, 2025

The New Indian Express Hyderabad

Star Trek

India's fascination with the stars continues to inspire curiosity and exploration

time to read

1 min

October 26, 2025

The New Indian Express Hyderabad

Investigators unravel reasons behind bus fire

KURNOOL DSP Vikrant Patil on Saturday said the fire near Chinnatekuru village in Kurnool district, which killed 19 people early on Friday, was triggered after the bus rammed a motorcycle that had skidded on the road.

time to read

1 min

October 26, 2025

The New Indian Express Hyderabad

BIE plans overhaul of Inter education

THE Telangana Board of Intermediate Education (TGBIE) has announced a major revamp of the intermediate education system from the 2026-27 academic year.

time to read

1 min

October 26, 2025

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