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

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

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

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

This Bill is a much-awaited comprehensive overhaul of a gargantuan piece of complex legislation which should be ...

Donors are eligible to claim deductions for the medical insurance premiums they pay for themselves and their dependents, and ...

Ans: As noted above, the total words in the new Income Tax Bill, 2025 are around 2.6 lakhs, as against 5.12 lakh words in the ...

By trimming word count by 40-50% and eliminating confusing phrases, the new Income Tax Bill makes itself more accessible to ...

Finance Minister Nirmala Sitharaman on Thursday tabled the Income Tax Bill, 2025, in Parliament, aiming to simplify and ...

Section 80D is now Clause 126 under the new bill, Section 80E is Clause 129, Section 87A is Clause 157; know all major ...

The newly introduced Income Tax Bill seeks to simplify tax legislation by minimizing litigation and interpretation, reducing the word count, sections, and chapters significantly from its 1961 ...

Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...