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

Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...

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 ...

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.

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.

Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...

The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.