With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

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

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

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 ...

The new income tax bill, to be introduced in Parliament next week, will not have long sentences, provisos and explanations, ...

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 ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...