The Indian government has introduced the new Income Tax Bill 2025 to simplify and enhance the efficiency of the tax system.

With an improved contribution framework and tax benefits, the new NPS rules mark a pivotal shift in how government employees ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced several key changes to the income tax ...

House Republicans are preparing to adopt a plan that puts a $4.5 trillion limit on the size of the tax cut, but even that ...

Union Budget 2025 sparks debate between old and new tax regimes, offering exemptions vs. simplified slabs and lower rates.

Employer contributions to NPS under Section 80CCD (2) are allowed up to 14% of Basic Salary + Dearness Allowance (DA) for central government employees and 10% for others. Specially-abled individuals ...

The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...

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

New Income Tax Bill 2025 LIVE Updates: The new Income-Tax (I-T) Bill, announced by Finance Minister Nirmala Sitharaman during ...

The concept of ‘tax year’ has been introduced replacing ‘previous year’ and ‘assessment year’ in the new Income Tax Bill ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...