Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...
Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...
Nirmala Sitharaman's new Income Tax Bill takes effect in April 2026. Can taxpayers still opt for the old tax regime in FY26? Find out what experts say.
Old tax regime to continue along with new one, tax tabulation for FY25 to be done under existing Act
New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
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Hosted on MSNTax Regime: How much tax can be saved in the old regime, taxpayers should know this important thing..Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...
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The government is set to introduce the Income-Tax Bill, 2025, a comprehensive revamp of India's tax laws, replacing the Income-Tax Act, 1961. The new legislation, scheduled to come into effect from ...
Wondering how your home loan interest affects your tax liability? Compare self-occupied vs rented property under the old and ...
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