Tax Law News - Latest Updates & Headlines
Govt notifies Income Tax Act 2025, to come into effect from April 1 next year
New Delhi, Aug 22: The government has officially notified the Income Tax Act, 2025, which consolidates and amends the income tax law provisions, replacing the over six-decade-old Income Tax Act, 1961.
Trump signs Social Security proclamation, calls tax law big, beautiful for seniors
Washington, August 15: US President Donald Trump on Thursday (local time) signed a proclamation marking the 90th anniversary of the establishment of Social Security, while highlighting changes in his recent tax law aimed at providing relief to seniors, The Hill reported.