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New income tax bill to introduce ‘Tax Year’: No more confusion of FY, AY as new bill is likely to remove assessment year, previous year

The new Income Tax Bill is likely to introduce the concept of ‘Tax Year’ for the taxpayers. The concept of the tax year will replace the current concept of financial year (or previous year) and ...
EdSurge

Assessment Culture: What It Is and Why It Matters

In the post-COVID pandemic educational setting, assessment offers ways to gain crucial insights into student thinking and learning and the areas requiring support for progress toward learning goals.
The New Indian Express

Income Tax Bill introduces new 'Tax Year' concept, replacing assessment year

The Income-Tax Bill, 2025, which is likely to be introduced in the Parliament on Thursday (13/02), rolls out key changes such as simplified language, a clearer definition of income, and the removal of ...
Hindustan Times

New Income Tax Bill 2025: What is ‘tax year’ and how is it different from 'assessment year?

The Centre plans to table the new Income Tax Bill 2025 in the Parliament on February 13. The new bill, a copy of which has been published by the government, aims to simplify the terminology used in ...
Mint

New Income Tax Bill aims to clear confusion between Assessment Year and Financial Year. Here's how

The new I-T Bill, with 536 sections, and 23 chapters running into 622 pages, is likely to be introduced in the Lok Sabha tomorrow.(Mint) The “crisper and simplified” new Income Tax Bill 2025 has ...