It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

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

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

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

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

GST outreach programme highlights tax reductions on goods, government schemes, and social media engagement for taxpayer ...

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

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

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

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

The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

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