India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

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

According to Sandeep Chaufla, Partner at PwC, the ongoing review of the Income-tax Act, 1961, seeks to modernise and simplify India's tax system in line with broader economic goals. “It aims to ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced zero tax for individuals earning up to Rs 12 lakh in Budget 2025, with marginal relief for those ...

Deloitte India said. Income Tax India posted an FAQ on X, answering questions related to the changes to the New Tax regime structure. Stay updated on the proposals related to direct taxes in # ...

Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...

Latest Income Tax Slabs, Rates In Budget 2025: Union Finance Minister Nirmala Sitharaman announced massive income tax relaxations in the first full budget as expected by the people. The Central ...

According to tax experts, the new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification and modernisation rather than introducing new ...

Income Tax Budget 2025 LIVE: According to the Budget 2025 announcement, the government proposed to increase the threshold for TCS under the Reserve Bank of India's (RBI) Liberalized Remittance ...

India's personal income tax structure has seen notable reforms since the Modi government took office in 2014, with successive budgets aimed at reducing the tax burden on middle-class taxpayers.

Illustration: Dominic Xavier/Rediff.com India's tax system is set for a major overhaul with the introduction of the Direct Tax Code (DTC) 2025, which will replace the decades-old Income Tax Act of ...