The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...
Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
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.
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Finance Minister Nirmal Sitharaman announced a new tax regime slab during the Union Budget 2025-26 presentation, raising the ...
The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
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