New tax regime tax calculator: Income Tax dept launches tax calculator to help taxpayers calculate their tax savings
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...
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Tax Calculator: Income tax dept unveils calculator for taxpayers to assess savings under new regime
This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...
I-T dept launches calculator for information about new tax regime
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portal
Now a online process has to be used for submitting order giving effect requests. Earlier even if a taxpayer won a case ...
New Income Tax Bill 2025 LIVE Updates: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...
New Income Tax Bill, half the size of 1961 I-T Act, built on core ‘SIMPLE’ principles: What are they?
The Income Tax Bill 2025, has 57 tables, compared to 18 in the existing I-T Act of 1961 and removed 1,200 provisos and 900 ...
Income Tax Dept releases FAQs on new Income Tax Bill: Check details
During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate provisions. Read below to know more about the Income Tax Bill 2025.
Income Tax Bill: from complexity to clarity
With its focus on clarity and simplicity, the new Bill will lead to a more accessible and responsible tax system ...
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
New Income Tax Bill 2025 proposes 'tax year' concept, easier terminologies
The new legislation will replace the Income Tax Act of 1961. Once passed, it will be called the Income Tax Act, 2025 ...
MCOP provides free tax preparation for seniors. Find out if you qualify.
What services does MCOP provide regarding free tax preparation? MCOP is providing free tax preparation for older adults who ...
Key details of the New Income Tax Bill, Deets here
T Bill, likely to be tabled in Parliament on February 13, will have 536 sections and do away with ‘previous year’ concept ...