Nirmala Sitharaman defends income tax relief in Rajya Sabha; tables new Income Tax Bill in Lok Sabha
Finance minister Nirmala Sitharaman defended the income tax relief for the 2025-26 budget, highlighting its benefits for all ...
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...
Finance Minister Sitharaman introduces Income Tax Bill, 2025, in Lok Sabha amid opposition parties opposing its introduction. Sitharaman also urged the speaker to refer Income Tax Bill, 2025, to ...
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The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...
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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 simplified Income Tax Bill, which is half the size of the 1961 Income Tax Act, seeks to achieve tax certainty by ...
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...
The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...
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