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

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

Finance Minister Nirmala Sitharaman has introduced the new Income Tax Bill. Its purpose is to remove the complexities of the ...

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

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.

Finance Minister Sitharaman introduces Income Tax Bill, 2025, in Lok Sabha amid opposition parties opposing its introduction. Sitharaman also urged the speaker to refer Income Tax Bill, 2025, to ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...

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

Considering the recent changes in the new tax regime during the Budget 2025, one of my blog readers asked "Are Bank Fixed ...

Learn how you can pay 0 tax on an income of Rs 14.65 lakhs per year with the help of NPS & EPF. Find all the details inside.

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