New Income Tax Bill: Section 80C tax-saving deductions now under clause 123
The new Income Tax Bill, tabled today in the Lok Sabha, retains all the deductions and exemptions but under new section ...
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New Income Tax Bill 2025 introduced in Lok Sabha; sent to select committee for review
The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...
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Govt refers new income tax bill 2025 to Select Committee for further review
The Bill has been referred to a select committee for further scrutiny. The committee, which will examine the proposed changes ...
New Income Tax Bill 2025: All FAQs on tax slabs, old vs new regime, and more answered
Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...
New Income Tax Bill 2025 to propose no tweaking between old, new tax regimes every tax year; here's what it means for taxpayers
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
New tax regime tax calculator: Income Tax dept launches tax calculator to help taxpayers calculate their tax savings
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to ...
New tax regime: Is this still better to invest in PPF, NSC, ELSS instead of fixed deposits?
Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
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Tax Regime: How much tax can be saved in the old regime, taxpayers should know this important thing..
Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
Income Tax Calculator FY 2025-26: Compare New Tax Regime vs Old Tax Regime
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
India Today8d
Old vs New tax regime: Which one should you choose for income above Rs 12.75 lakh?
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 ...
The Financial Express9d
New Tax Regime vs Old Tax Regime: Which offers better deductions and exemptions?
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
Old tax regime vs new tax regime: How to choose and switch
As the Finance Minister presented the Union Budget 2025, taxpayers are left pondering: Old Tax Regime or New Tax Regime? Which one should one opt for? With changes to income tax slabs for FY26.