New Income Tax Act 2025: From the 1961 Law to a Cleaner Tax Code
The Budget 2025-26 set the stage for a much bigger change in direct taxation. The Income Tax Act of 1961 is finally being replaced after more than six decades. The Income Tax Act of 1961 grew so complicated over the years that even seasoned chartered accountants needed flowcharts to interpret it. The New Income Tax … Read more