Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025, which aims to simplify the tax system. The bill ...

Tax relief measures and those relating to start-ups, MSMEs and exports in the Budget, and policy rate cut by the RBI, should ...

Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...

India follows a progressive tax system, meaning your tax rate increases as your income rises. To simplify, income is divided into different slabs, each attracting a specific tax rate. Here’s how the ...

Perquisites and Profits in Lieu of Salary are important components of taxable income under the Income Tax Act of 1961. These ...

The New Income Tax Bill will not change the existing tax slabs but will replace the present concept of assessment and ...

New Income Tax Bill is expected to come into effect on April 1, 2026. The bill aims to simplify tax laws, remove outdated provisions, and make compliance easier for taxpayers.

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

The Income Tax Bill, 2025, introduces a streamlined tax regime with revised slabs and lower compliance burdens while imposing ...

Government provided data on India’s household savings, liabilities, and measures for the middle class. According to the Reserve Bank of India (RBI), per capita household financial liabilities ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?