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

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...

Salary income: The standard deduction of INR 75,000 will continue for new regime taxpayers, compared to INR 50,000 under the old tax regime. The new tax regime provides a total rebate of INR ...

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

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

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

Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...

New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.

This income tax deduction is offered for the contributions made by the employer towards National Pension System (NPS).

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.

Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...