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

Income Tax Bill 2025 eliminates deduction for inter-corporate dividends for companies opting for 22% tax rate, causing double ...

“In case you are opting for new tax regime, you won’t be eligible for ... are not allowed,” said CA Pratibha Goyal, partner, PD Gupta and company, a Delhi-based CA firm.

New Income Tax Bill disappoints with exclusion of group taxation and TDS removal, missing opportunity for simplification and ...

Income Tax Slabs – AY 2025-26: Most taxpayers, especially those earning up to ₹25 lakh, will benefit from new regime exempting incomes up to ₹12L from tax. Union finance minister Nirmala ...

The revised tax system is set to be implemented starting from the fiscal year 2025-26, affecting taxpayers in the assessment year 2026-27.

The draft Income-Tax Bill, 2025 has been circulated among Members of Parliament and is expected to be tabled in Parliament on ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), ...

By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...

New versus old income tax regime post Budget 2025 ... exist to minimise tax obligations through appropriate cost-to-company restructuring. In a column in ET, Sudhir Kaushik lists 8 salary perks ...