The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is ...

The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that the government will ...

India’s corporate sector remains hopeful that the government will revive the growth trajectory and continue the momentum, ...

The Income Tax Act in India is fairly complicated and the Indian government has reportedly been working towards introducing a new tax system which is more user friendly and understandable.

An exclusive Moneycontrol-Deloitte survey of 45 CEOs conducted between January 10 and January 22 across financial services, ...

Budget 2025 may bring significant tax relief for individuals earning up to Rs 15 lakh as the Direct Tax Code 2025 aims to ...

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

Capital gains arise from asset value appreciation over time, while active income is earned through regular work or business ...

The DTC Bill in its original form in 2010 as well as in 2013 proposed a big-ticket overhaul in the taxation regime on the foundation of simplification of personal and corporate income taxes.

The direct tax code (DTC) aims to simplify India's intricate tax system, making it more accessible and easier to follow.

As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...