In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up to Rs 4 lakh from basic tax. The old tax regime was kept unchanged.
Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...
The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...
Once the new income tax bill, which Union Finance Minister Nirmala Sitharaman had mentioned while delivering the Budget ...
The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...
Takeaways From India's Budget ... starting point for income tax to $14,800 from $8,074 and said the government will introduce a new income tax bill next week. “The new structure will ...