The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.

The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...

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

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

The new income-tax bill, set to be implemented on 1 April 2026, aims to streamline and simplify the tax code. Expected to ...

The new Income Tax Bill (ITB), presented in Parliament, aims to replace the 65-year-old Income Tax Act of 1961 (ITA) and will ...

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

Central Board of Direct Taxes expects the Institute of Chartered Accountants of India to go through the bill ...