The New Income-Tax Bill, 2025 is being introduced in parliament on Thursday February 13th, 2025 to replace more than six decades old income tax act, 1961. Taxation History in India has developed over ...

Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...

With its focus on clarity and simplicity, the new Bill will lead to a more accessible and responsible tax system ...

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