In a recent parliamentary session, the Indian government secured approval for an additional expenditure of ₹51,463 crore for the fiscal year 2024-25 (FY25). This supplementary budget aims to address various financial requirements, including increased funding for subsidies and other essential

The Union Cabinet has given its approval to a new Income Tax Bill, which is scheduled to be introduced in Parliament next week. This legislative move seeks to replace the existing Income Tax Act, which has been in force for over six decades, with a more contemporary framework. Objective of the New Income Tax Bill […]