According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...
The Indian government has introduced the new Income Tax Bill 2025 to simplify and enhance the efficiency of the tax system.
The provisions of the New Tax Regime outlined in Section 115BAC of the Income-Tax Act, 1961 will be moved to Section 202 in ...
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced several key changes to the income tax ...
Volkswagen India served a 12,600 Crores tax notice for allegedly evading 12,600 crore rupees in taxes by misrepresenting semi-built cars as spare parts at the time of import. The company disputes the ...
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 ...
Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...
Finance Minister Nirmal Sitharaman announced a new tax regime slab during the Union Budget 2025-26 presentation, raising the ...
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...