Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...
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Hosted on MSNIncome Tax: 60 year old Income Tax Act ends, what will change for taxpayers in the new Income Tax Bill..The new Income Tax Bill is going to be introduced in Parliament, about which the government's intention is clear that it ...
The Budget 2025 has raised the threshold of rebate available under Section 87A from Rs 25,000 to Rs 60,000. The basic income ...
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.
The New Income-Tax Bill, 2025 is being introduced in parliament on Thursday February 13th, 2025 to replace more than six decades old income tax act, 1961. Taxation History in India has developed over ...
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...
Finance Minister Nirmala Sitharaman will present the new I-T Bill 2025 in Parliament at 2 pm today, amid this, we take a look ...
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...
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