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Saturday, September 20, 2025
TopicIncome Tax

Topic: Income Tax

PM Modi announces task force for next-gen reforms in governance. What it will do

In his I-Day speech, PM also spoke about reforms initiated by his govt, saying that in ongoing monsoon session, over 280 provisions were removed from I-T law, making governance simpler.

Govt withdraws new Income-Tax Bill 2025 from Lok Sabha, to table amended bill

FM Nirmala Sitharaman Friday moved to withdraw the Income-Tax Bill, 2025, after the BJP MP Baijayant Panda-headed 31-member Select Committee had suggested a few changes to the legislation.

Modi govt withdraws Income Tax Bill 2025, Sitharaman likely to introduce updated bill next week

New Delhi: The Income Tax Bill, 2025 has been withdrawn and an updated version is likely to be introduced in the Parliament next week. In...

India’s power play at ICC tournament in Pakistan & Indian taxpayers’ strained ties with authorities

International media also reports on the financial revolution brewing among the middle class & the north-south divide over the 2026 delimitation proposal.

Govt’s new income tax bill will require you to share passwords with tax officials during searches

FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Select Committee for review—incorporated “substantial changes” from original Act. Tax rates remain unchanged.

Can income tax relief help BJP clinch Delhi? Anatomy of the middle-class voter demographic

On Saturday, Finance Minister Nirmala Sitharaman announced a hike in the income tax rebate from Rs 7 lakh to Rs 12 lakh.

Budget 2025 corrects misguided tax regime of Nehruvian socialism. Changes India’s destiny

PM Modi takes problems head-on with a multi-year plan and clear outcomes. It requires patience and is often met with opposition from people who prefer shortcuts.

Taxman will still come after you. Expect more scrutiny of your tax returns

Budget 2025 makes it clear the government’s privatisation mission has been buried. It wants to pump money into CPSEs, and receive ever-increasing dividends.

‘Trust first, scrutinise later’— Budget 2025 shows govt is warming up to this idea

Govt remains steadfast in its belief that a taxpayer-friendly regime will ultimately drive long-term compliance and economic prosperity.

On Camera

Was India’s public sector born out of European envy?

For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

2 Assam Rifles personnel killed as convoy ambushed in Manipur, on ‘same route Modi took’ fortnight ago

This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border. 

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.