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 ...
Finance Minister Nirmala Sitharaman will introduce the new Income-Tax Bill 2025 in the Lok Sabha today on February 13. The ...
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...
The proposed law replaces the term 'previous year' used in the Income Tax Act, 1961, with 'tax year.' Additionally, the ...
The New Income Tax Bill 2025 simplifies tax rules, introduces user-friendly tables, and removes outdated terms, making tax filing easier and more transparent.
Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...
With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...
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Tax Regime: How much tax can be saved in the old regime, taxpayers should know this important thing..Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...
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