Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

The Government believes that the Income Tax Bill, 2025, will significantly improve the ease of doing business in India by ...

What Makes a Country Happier or Happiest Country in the World? World Happiness report released by the Sustainable development ...

Ans: As noted above, the total words in the new Income Tax Bill, 2025 are around 2.6 lakhs, as against 5.12 lakh words in the ...

New Income Tax Bill disappoints with exclusion of group taxation and TDS removal, missing opportunity for simplification and ...

ITAT Chennai held that although the assessee company was following the mercantile system of accounting, only real income could be brought to tax. Hypothetical income cannot be taxed. Hence, appeal of ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

First leg of Budget session ends with IT Bill and Waqf bill reports tabled; car drives in crowd in Munich injuring many, and ...

The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...

The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...

To promote infrastructure development, section 80IA was brought into Income-tax Act, 1961. Sections 80HHE, 10A and 10AA were ...