Tag: Income tax act 1961
Posted in Economy
India’s direct tax body notifies Cost Inflation Index for this fiscal year
India‘s direct tax body has notified the Cost Inflation Index (CII), a tool to measure the rise in cost due to inflation, for fiscal year…
Posted in Economy
Explainer: Simplified Income Tax Act, 2025, to come into force from April 1
Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the changes made in tax laws…