कोशिश गोल्ड - मुक्त
New, simplified tax Bill to be tabled in LS tomorrow
The New Indian Express Hyderabad
|February 12, 2025
THE New Income Tax Bill, which will be tabled in Parliament on Thursday, is longer than the existing one with 23 chapters, 536 sections and 16 schedules.
The current Income Tax Act has 23 chapters, 298 sections and 14 schedules.
The increase in number of sections reflects a more structured approach to tax administration, incorporating modern compliance mechanisms, digital governance, and streamlined provisions for businesses and individuals.
The bill, a copy of which is in the possession of this paper, proposes a deduction for purchase of electric vehicles, revises donation rules, and updates medical and education.
यह कहानी The New Indian Express Hyderabad के February 12, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express Hyderabad से और कहानियाँ
The New Indian Express Hyderabad
MNREGA gets new name, 125 days of employment
SETTING the stage for a major overhaul of the country’s flagship rural jobs scheme, the Union Cabinet on Friday approved the renaming of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to Pujya Bapu Gramin Rozgar Yojana.
1 mins
December 13, 2025
The New Indian Express Hyderabad
Police post built with stones thrown at cops during Sambhal clash opens
A newly constructed police post was inaugurated on Friday, just 100 metres away from the residences of Samajwadi Party’s Sambhal MP Zia-ur-Rahman Barg.
1 mins
December 13, 2025
The New Indian Express Hyderabad
Ops to hunt terrorists in Jammu forests
AFTER a series of encounters and brief gunfights in the forest belts of Jammu region in the last six months, security forces have launched a major winter offensive to track down militants hiding in the dense and rugged forest areas.
1 min
December 13, 2025
The New Indian Express Hyderabad
ED raids in three states in illegal cough syrup case, UP action on big stockists
INa major crackdown on the illegal trade in codeine-based cough syrup, the Enforcement Directorate (ED) raided 25 locations across Jharkhand, Uttar Pradesh, and Gujarat on Friday.
1 min
December 13, 2025
The New Indian Express Hyderabad
CLIMATE SCIENCE IS NOT A HOAX, DON'T GAMBLE
SIR ROBERT WATSON'S BLUNT MESSAGE TO CLIMATE BLOCKERS
4 mins
December 13, 2025
The New Indian Express Hyderabad
Cabinet clears 100% FDI in insurance
THE Union Cabinet on Friday approved a proposal to raise the foreign direct investment (FDI) limit in insurance firms from 74% to 100%, and usher in a set of structural reforms to strengthen the sector.
1 min
December 13, 2025
The New Indian Express Hyderabad
Minister, scholar, LS speaker: Multi-faceted Shivraj Patil passes away
FORMER Union Home Minister Shivraj Patil Chakurkar passed away at 90 on Friday morning at his native Latur in Maharashtra after a brief illness.
1 mins
December 13, 2025
The New Indian Express Hyderabad
'Don't use tourist visa for purpose of giving birth': US warns Indian appliers
Indian nationals anxious with change in laws
1 min
December 13, 2025
The New Indian Express Hyderabad
OUTFOXING AI, FOR BETTER OR VERSE
A paper on ar Xiv by researchers at the Icaro Lab in Italy has set off a firestorm of headlines.
3 mins
December 13, 2025
The New Indian Express Hyderabad
MahaYuti stays united, seals Maha seat deal for BMC polls
THE BJP and the Eknath Shinde-led Shiv Sena are set to contest the Brihanmumbai Municipal Corporation (BMC) elections—scheduled for next month—unitedly.
1 min
December 13, 2025
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