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Income Tax Bill 2025: CBDT can frame rules for ITR forms, review credit card bills, bank accounts

The Centre has introduced the 2025 New Income Tax Bill in an effort to streamline and simplify the current tax regulations. The new I-T Bill 2025 stated that the existing Income Tax Act of 1961 has ...
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ITR filing 2025: Form 16, Form 24Q formats tweaked, CBDT issues circular on salary, surcharge updates

ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for tax deductions from salary as per section 192 of the Income Tax Act, 1961.