Four of every five people who file returns for FY26 likely to pay no tax, data shows
Budget 2025 increased the tax rebate limit under the new regime to ₹12 lakh from FY26. If trends from previous years continue ...
New Income Tax Bill likely to be tabled by Finance Minister Nirmala Sitharaman in Parliament today
Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill which aims to simplify and modernize India’s tax system. The bill, replacing the Income Tax Act of 1961, will not introduce ...