Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...
Finance minister Nirmala Sitharaman defended the income tax relief for the 2025-26 budget, highlighting its benefits for all ...
The Union Budget 2025 has raised the income tax exemption limit to Rs 12 lakh, offering full tax relief up to this threshold. To prevent disproportionate taxation on those earning slightly above Rs 12 ...
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...
To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...
The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...
Once the new income tax bill is passed by Parliament, many taxpayers and common citizens will wonder when it will come into ...