The new Income Tax Bill, tabled today in the Lok Sabha, retains all the deductions and exemptions but under new section ...
The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on various tax-related matters. This new bill, tabled ...
Learn how you can pay 0 tax on an income of Rs 14.65 lakhs per year with the help of NPS & EPF. Find all the details inside.
The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the ...
Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...
Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
Tax experts suggest that individuals can achieve zero tax liability on an income of Rs 14.77 lakh through strategic planning.
If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.
This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...