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 ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

The Union Budget 2025 has raised the income tax exemption limit to Rs 12 lakh, offering full tax relief up to this threshold.

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

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

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

FM Sitharaman is set to introduce the Income Tax Bill 2025 today. Find out what's new in the proposed tax system.

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 introduction of the Income Tax Code 2025 marks a significant overhaul of India’s taxation framework, consolidating and amending the previous laws to enhance clarity, ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?

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