The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...

To promote infrastructure development, section 80IA was brought into Income-tax Act, 1961. Sections 80HHE, 10A and 10AA were ...

The proposed new bill is projected to have 23 chapters, 16 schedules, and approximately 536 clauses, a significant reduction ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...