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

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

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

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

The Union Budget 2025 has raised the income tax exemption limit to Rs 12 lakh, offering full tax relief up to this threshold. To prevent disproportionate taxation on those earning slightly above Rs 12 ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

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

FM Sitharaman is set to introduce the Income Tax Bill 2025 today. Find out what's new in the proposed tax system.

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

Government provided data on India’s household savings, liabilities, and measures for the middle class. According to the Reserve Bank of India (RBI), per capita household financial liabilities ...