Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

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

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

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

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

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

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.

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...

The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

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