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

FM Sitharaman is set to introduce the Income Tax Bill 2025 today. Find out what's new in the proposed tax system.

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 ...

Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...

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

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 ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

The new income tax bill, to be introduced in Parliament next week, will not have long sentences, provisos and explanations, Finance Secretary Tuhin Kanta Pandey said on Thursday. The new bill, which ...

India's new income tax bill, replacing the 1961 Act, will be simplified with shorter sentences and no provisos or explanations. The bill is expected to be discussed at the Cabinet meeting on Friday.

India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.

The Income Tax Act, which has been in force in India since 1961, is now on the threshold of change. The government has ...