Tax reform rollout: New Income Tax Act 2025 comes into force, CBDT calls it a shift towards simpler compliance

The Income Tax Act, 2025 came into force from April 1, marking a major overhaul of India’s tax framework, with the Central Board of Direct Taxes (CBDT) describing it as a step towards simplified compliance and a “new chapter” in tax administration, according to PTI.The new law replaces the six-decade-old Income Tax Act, 1961, and…

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FCRA bill not taken up amid oppn protests | India News

NEW DELHI: Opposition protests against the bill to amend the foreign contribution regulation law rocked Parliament on Wednesday, forcing adjournment of proceedings in Lok Sabha amid allegations that the BJP was trying to control independent NGOs.Opposition MPs also held a protest in the Parliament complex. As LS was convened, opposition members started raising slogans against…

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