The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

The new Income Tax Bill 2025 consolidates salary provisions for clarity, incorporating previous deductions into the salary ...

The firm’s annual CRE outlook indicated that tax policies have jumped in importance from 11th place in 2024 to 5th in 2025.

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

It aims to simplify the existing Income Tax Act, 1961, by making it more structured and easier to understand. If passed, the ...

Simplification: The provisions under the Income Tax Bill, 2025, have clearer language and cater to modern work scenarios, ...