The Indian government has introduced the new Income Tax Bill 2025 to simplify and enhance the efficiency of the tax system.

With an improved contribution framework and tax benefits, the new NPS rules mark a pivotal shift in how government employees ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced several key changes to the income tax ...

The New Income Tax Bill 2025 was recently tabled in the parliament. It aims to rationalize the provisions of The Income Tax Act 1961 and present it in a simpler language. The Government and the people ...

The Simplified Income Tax Bill 2025, introduced by Finance Minister Nirmala Sitharaman, will replace the outdated Income Tax ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...