Big change for taxpayers, the government abolished section 80C, now how to get benefits of up to Rs 1.5 lakh, now under new ...
No tax up to 12 lakh is for those who opt for New Tax Regime. For Old Tax Regime and Income above Rs 12 lakh, the tax slabs ...
Union Budget 2025 sparks debate between old and new tax regimes, offering exemptions vs. simplified slabs and lower rates.
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...
Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill in the Lok Sabha on February 13. This bill is ...
In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
New Income Tax Bill 2025 LIVE Updates: The new Income-Tax (I-T) Bill, announced by Finance Minister Nirmala Sitharaman during ...
Under the new Income Tax Bill, 2025, Clauses 196, 197, 198 will deal with capital gains, and cryptocurrency has now formally ...
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...
The new bill will replace the current Income Tax Act, 1961, and will become effective from April 1, 2026, i.e., from FY ...