The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill, 2025, which aims to replace the six-decade-old direct tax legislation, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal said on Thursday.Speaking at the 166th Income Tax Day event in the capital, Agarwal said the new framework would reflect clarity, simplicity, and ease for taxpayers, PTI reported. “Work is already underway to give shape to its rules, forms, and procedures, a critical next step... These will define...
EPFO Auto-Settlement Limit: Good News For Government Employees! the Employees’ Provident Fund Organization (EPFO) has raised the limit for auto-settlement of advance claims from...
Oil price would need to be "over $100" to impact global growthTom Stevenson, investment director at Fidelity International, believes it would need a severe...
Josh SandifordBBC News, WolverhamptonBBCDespite the issues, volunteer director David Chadwick insisted the Scotlands was a place where "everybody will help everybody". "Without us a...
Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022.David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants on...
Pakistan and the United States have resolved to carry forward their negotiations through a constructive engagement to finalise the trade deal at the...