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Hosted on MSNNew Income Tax: What is new in the new Income Tax Bill and how will the common man benefit from it?The New Income Tax Bill is not a new law, but the Income Tax Act 1961 has been written in simple words. Many unnecessary ...
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...
In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...
Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament on Saturday. She announced no income tax on ...
The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...
The Government of India has taken steps to decriminalize minor offenses in direct tax matters, particularly benefiting small and medium businesses. The Finance Act, 2023, introduced a sunset clause in ...
The finance minister announced steps to tackle slowing growth, rising prices and low middle-class consumption.
Reliance Industries record-breaking performance not only shows its contribution in India’s corporate sector but also reflects ...
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