Tag: direct tax code
Posted in Finance
Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road map
January 30, 2025 Leave a Comment on Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road map
There is a buzz going around that Finance Minister Nirmala Sitharaman is likely to introduce a new income tax bill in the budget session of…
Posted in Finance
Will Budget 2025 replace Income Tax Act with new Direct Tax code? Here’s what experts say
January 20, 2025 Leave a Comment on Will Budget 2025 replace Income Tax Act with new Direct Tax code? Here’s what experts say
Finance Minister Nirmala Sitharaman announced in Budget 2024 that the Income Tax Act 1961, would be reviewed. The review and proposed re-codification is aimed at…