Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...
The Income Tax Bill, 2025, introduces a streamlined tax regime with revised slabs and lower compliance burdens while imposing ...
Discover the extensive New Income Tax Bill expected to be presented in Parliament, introducing the Income Tax Act with over ...
Anonymous: Sir, I'm unemployed & for trading my parents gave me Rs 5.8 lakh and I've made a loss of Rs 2.52 lakh, since money ...
Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.
The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...
If you have seen the latest tax rates, you must have noticed that there is 5 percent tax on income between ₹4 to 8 lakh and ...
Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.
The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...