New Income Tax Bill PDF: Top 5 highlights of newly-introduced Income Tax Bill 2025 in Lok Sabha
The new bill will replace the current Income Tax Act, 1961, and will become effective from April 1, 2026, i.e., from FY ...
What government's push to the New Income Tax regime in Union Budget 2025-26 means for taxpayers
The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...
Income Tax Bill 2025 for salaried individuals: Here's how salary income will be taken up for taxation
The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...
New Income Tax Bill
No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...
Income Tax Slabs Explained: Simplifying Tax Calculations for You
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 Secret to Managing Market Volatility: What Smart Investors Must Know About Systematic Transfer Plans
Systematic Transfer Plans (STPs) enable investors to manage funds efficiently, minimising market volatility. This structured ...
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Income Tax Calculator FY 2024-25
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...