The Income Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income Tax Act, 1961, ...

The Finance Act, 2025, has provided substantial relief under the new tax regime with new slabs and tax rate, the Parliament ...

The Finance Act, 2025, introduces new tax slabs and a higher rebate threshold for salaried individuals. This summary explains ...

Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR ...

With the ITR filing deadline extended to September 15, 2025, you’ve got more time to pick the right tax regime. Should you stick to the old one with its deductions, or go for the new one with lower ...

For individuals with commercial or professional income, the rules are much stricter. You can only switch back to old tax ...

From FY2025-2026, salaried individuals earning up to Rs 12 lakh may no longer need old tax regime deductions. With income now ...

The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no ...

With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose t ...

"The current Income Tax Act of 1961 has undergone more than 4,000 amendments and contains over 5 lakh words. It has become ...

New Delhi: The government has extended the Income Tax Return (ITR) filing deadline to September 15, 2025. This gives ...