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Sanjay

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ICMAI on Non-inclusion of ‘Cost Accountant’ in Income Tax Bill 2025

CMA Bibhuti Bhusan Nayak, President of the Institute of Cost Accountants of India (ICMAI), has publicly addressed the concerns of its members regarding the omission of “Cost Accountant” from the definition of “Accountant” in the newly introduced Income Tax Bill 2025. This exclusion has raised serious questions about the government’s commitment to providing a level playing field for all accounting professionals. Read more  Website URL:…

Govt released Income-Tax Bill, 2025 (Download

The Indian government is set to introduce the new Income Tax Bill, 2025, in the Lok Sabha on February 13, 2025. This comprehensive 622-page legislation comprises 536 clauses, organized into 23 chapters and 16 schedules. The bill aims to simplify the existing Income Tax Act of 1961, making it more concise and easier to understand. Website URL: https://taxguru.in/income-tax/govt-released-income-tax-bill-2025-download.html