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New I-T bill: Simpler, shorter, crisper
The New Indian Express Kannur
|February 13, 2025
Bill, likely to be tabled on Thursday, has no change in rate structures, capital gains tax rules
THE new Income Tax Bill is more about consolidation of scattered tax provisions, simplification and elimination of redundant laws than about rate or structural changes. The Bill, which is likely to be tabled on Thursday, has no changes in the rate structures, nor are there any changes in the capital gains tax rules.
Contrary to speculations, the old tax regime has not been abolished, and will continue to operate alongside the new regime. The new tax regime has been put in chapter XIII of the Bill under the head -- Determination of tax in special cases.
Most of the rate changes announced in the budget have been incorporated in the bill.
Denne historien er fra February 13, 2025-utgaven av The New Indian Express Kannur.
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FLERE HISTORIER FRA The New Indian Express Kannur
The New Indian Express Kannur
MP crackdown against carbide gun makers as eye injury cases reach 300
IN the aftermath of carbide guns inflicting severe eye injuries to around 300 people, mostly children and teenagers in Madhya Pradesh during Diwali, authorities have launched a crackdown against the seemingly harmless toys.
1 mins
October 25, 2025
The New Indian Express Kannur
Lured by money, duped by lies: Illegal surrogacy racket exploits women
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1 mins
October 25, 2025
The New Indian Express Kannur
Yeast can survive Martian environment: IISc
YEAST, an indispensable ingredient in making bread, beer, and biotech products, has the resilience to withstand harsh conditions found in the Martian environment, a new study by researchers from the Department of Biochemistry, Indian Institute of Science (IISc), and collaborators at the Physical Research Laboratory (PRL), Ahmedabad, have found.
2 mins
October 25, 2025
The New Indian Express Kannur
Madrasa probe for demanding 'virginity test' for 13-yr-old in Moradabad
'Threatened to expel her if she refused to comply'
1 mins
October 25, 2025
The New Indian Express Kannur
BJP scores surprise win in 1 seat, NC bags 3 in RS polls
THE Opposition BJP on Friday pulled off an unexpected victory in one of the four Rajya Sabha seats from J&K due to cross-voting by at least four legislators, while the ruling National Conference (NC) won the remaining three seats.
1 min
October 25, 2025
The New Indian Express Kannur
Cong slams Centre over official maps of Great Nicobar Island
2021 map no longer shows Galathea Bay
2 mins
October 25, 2025
The New Indian Express Kannur
POWER OF EDUCATION DIPLOMACY
REVERSE SWING
4 mins
October 25, 2025
The New Indian Express Kannur
Capacity overload: Study recommends cap on houseboats in Vembanad lake
THE iconic Vembanad lake — the lifeline of the state’s backwater tourism — is operating far beyond its ecological limits.
1 min
October 25, 2025
The New Indian Express Kannur
DON'T CRITICISE CITIZENS DEMANDING BETTER INFRA
HE acrimonious exchange between Karnataka’s top political and corporate leaders over Bengaluru’s failing infrastructure has only served to highlight the reality that has become the city’s identity—cratered roads, traffic bottlenecks, and garbage piles.
1 mins
October 25, 2025
The New Indian Express Kannur
Senapati decked up to greet & honour Muivah
UNC declares Genna for NSCN-IM leader’s visit
2 mins
October 25, 2025
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