The existing Income Tax Act of 1961 will be succeeded by the Income Tax Act of 2025 starting from April 1. This transformation aims not to raise tax rates but rather to streamline the legislation, making...
The onset of the new financial year heralds the implementation of the Income Tax Act, 2025, which will replace the outdated framework established in 1961. This new legislation is designed to simplify tax regulations, adopting a...
