Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

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

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

While the new Income Tax Bill does not appear to bring in major policy changes, it introduces several structural and ...

The new tax regime now offers complete tax exemption for annual earnings up to Rs 12 lakh. Including the Rs 75,000 standard deduction, individuals earning up to Rs 12.75 lakh annually (Rs 1.06 ...

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