Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
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The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
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