The new Income Tax Bill aims to simplify language by replacing complex terms with easier alternatives. Spanning 622 pages, it ...

No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

The Union Finance Minister has presented her 8 th consecutive Budget for the year 2025-26 on 1 st February, 2025 in the Parliament and also introduced Finance Bill, 2025 on the Lok Sabha. Along with ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

India’s record tax cuts are expected to give only a limited boost to economic growth as consumers use the savings to cut back ...

Senate Bill 451 would, beginning in 2030, cut the personal ... Indiana's 3% personal income tax rate already is scheduled to decline to 2.95% in 2026, and 2.9% in 2027, under a 2023 statute ...

India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

Live: FM Nirmala Sitharaman announced to introduce New Income tax bill next week, no income tax till 12L under new tax regime - The Economic Times ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Finance minister Nirmala Sitaraman promised to continue efforts to simplify taxes, improve tax payer services, provide tax ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...