For salaried Indians, a higher income offers greater opportunities for saving and investing. However, understanding the tax ...

Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

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

Dividends received by these companies from other companies will be taxed both on their accounts and on the hands of ...

The Income Tax Bill 2025 aims to reform Indias tax structure with new terminology, a tiered system, and simplified deductions ...

Under current law, an Indian company can claim a deduction for dividends ... If Company A earns a dividend income of ₹100, it would typically need to pay tax at a rate of 22 per cent or 30 ...

The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better ...

The tax bill and the proposed taxpayer’s charter when implemented in the spirit of justice and transparency will surely usher ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

The income tax bill shifts Section 80C deductions to Clause 123, effective April 1, 2026. The reform intends to simplify tax ...

The draft Income-Tax Bill, 2025 has been circulated among Members of Parliament and is expected to be tabled in Parliament on ...