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Tag: Income-tax Bill

Income-tax Bill, 2025

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Income-tax Bill, 2025 The Income-tax Bill, 2025 was introduced in the Lok Sabha to replace the Income-tax Act, 1961, aiming to simplify India’s direct tax system. Analysis of the news: A Move Towards Simplicity The Income-tax Bill, 2025, introduced in Lok Sabha, aims to replace the six-decade-old Income-tax Act, 1961, by streamlining tax provisions, eliminating redundant sections, and introducing a more structured and comprehensible legal framework. The bill focuses on clarity and ease of compliance for taxpayers, ensuring continuity without major structural changes in direct taxation. Key Structural Changes: Shorter and More Organised The new bill is 24% shorter than…

CURRENT AFFAIRS – 14/02/2025

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Contents CURRENT AFFAIRS – 14/02/2025Only Parliament can constitutionally remove HC judge: Jagdeep Dhankhar /केवल संसद ही संवैधानिक रूप से HC जज को हटा सकती है: जगदीप धनखड़What is happening in the DRC? /DRC में क्या हो रहा है?Aborting moon rocket to test Musk’s power /मस्क की शक्ति का परीक्षण करने के लिए चंद्र रॉकेट को निरस्त करनाIncome-tax Bill, 2025 /आयकर विधेयक, 2025Fame Phase-II Scheme /फेम चरण-II योजनाThe problematic globalization of medical education /चिकित्सा शिक्षा का समस्याग्रस्त वैश्वीकरणCURRENT AFFAIRS – 14/02/2025 Only Parliament can constitutionally remove HC judge: Jagdeep Dhankhar /केवल संसद ही संवैधानिक रूप से HC जज को हटा सकती…