The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

India follows a progressive tax system, meaning your tax rate increases as your income rises. To simplify, income is divided into different slabs, each attracting a specific tax rate. Here’s how the ...

The New Income Tax Bill will not change the existing tax slabs but will replace the present concept of assessment and ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025, which aims to simplify the tax system. The bill ...

New Income Tax Bill is expected to come into effect on April 1, 2026. The bill aims to simplify tax laws, remove outdated provisions, and make compliance easier for taxpayers.

Tax relief measures and those relating to start-ups, MSMEs and exports in the Budget, and policy rate cut by the RBI, should ...

The Union Budget 2025 balances fiscal discipline with a strong push for demand-driven growth. It addresses economic ...

Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

The Income Tax Bill, 2025 does not propose any change in tax rates and slabs. It is unlikely to introduce any new tax ...

New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...