Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
President Gives Assent to The Income Tax Bill 2025 and The Taxation Laws (Amendment) Bill 2025
Update / Judgement Date
22 Aug 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The President has given assent to the "Income Tax Bill 2025" and the "Taxation Laws Amendment Bill 2025." This marks a significant milestone in India's tax reform journey. The new legislation, which aims to simplify the tax code and reduce compliance burdens, will have a profound impact on taxpayers and businesses alike. The new law will introduce new rules for block assessments in search cases, and it will also clarify the standard deduction under the new tax regime.