Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...
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Hosted on MSNNew Income Tax Bill 2025 PDF: Here's Quick Access To Official Link, Top Highlights For YouThe much-anticipated Income Tax Bill, 2025, was introduced in Parliament today, marking a major effort to streamline the ...
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The new bill will replace the current Income Tax Act, 1961, and will become effective from April 1, 2026, i.e., from FY 2026-27. Read our story to know the major highlights of this bill and access the ...
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...
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