New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...

No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax regime and claim tax exemption, one has to first opt out of the new tax regime f ...

Testimony at a City Council public hearing Monday was divided on whether the city should continue the quarter-cent sales tax for street ... to bolster work to build new and rehab existing streets.

Agrawal discussed a range of topics, including framing of tax proposals, and why he feels most taxpayers would opt for the ...

Finance Secretary Tuhin K Pandey expects all taxpayers to migrate to the new tax regime by the end of the next fiscal. Pandey ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...

Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for ...

The New Tax Regime has since become the default option following the Union Budget 2023. It is anticipated by experts that the old tax regime may gradually be phased out in favour of a unified ...

While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...