Tag: direct tax code

Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road map
Posted in Finance

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…

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Will Budget 2025 replace Income Tax Act with new Direct Tax code? Here’s what experts say
Posted in Finance

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…

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