According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...

Dividends received by these companies from other companies will be taxed both on their accounts and on the hands of ...

The new tax regime is a significant reform that will bolster India's semiconductor and electronics manufacturing ecosystem, ...

The provisions of the New Tax Regime outlined in Section 115BAC of the Income-Tax Act, 1961 will be moved to Section 202 in ...

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

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes no substantive changes, it lays a foundation for India to improve the law.

Tax slabs in the new tax regime are provided in tabular format ... special rate of taxation for individual taxpayers, domestic companies, cooperative societies, and other eligible taxpayers.

With an improved contribution framework and tax benefits, the new NPS rules mark a pivotal shift in how government employees ...

Domestic shipping companies in India are set to benefit from the proposed expansion of the tonnage tax scheme in the new ...

The concessions will be taken provided they do not claim deductions All other domestic companies opting for the new tax system will be taxed at 25%. The new tax regime introduces revised tax ...

No tax up to 12 lakh is for those who opt for New Tax Regime. For Old Tax Regime and Income above Rs 12 lakh, the tax slabs ...